The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

The market continued its lacklustre run throughout the day, crossing the line in the red.

The ASX200 closed down 0.12 per cent or 8.4 points to 7,255.7.

In the green

Healthcare led the sectors today, with heavyweight CSL (CSL) gaining a little over a per cent to close at $303.20

Uranium miner, Paladin Energy (PDN) had a strong session, gaining more than eight per cent. It’s been lifting since it released its presentation to the Macquarie Australia Conference on May 4.

And engineering group, Monadelphous (MND) also had a positive day, up more than 3 and a half per cent to close at $13.30.

In the red

Seven of the 11 sectors were down today, with communication services falling furthest.

Bank of Queensland (BOQ) tumbled nearly four and a half per cent today on trading ex-dividend, which means those buying on market today won’t get the latest dividend.  

And artificial intelligence specialist, Appen (APX) fell more than 28 per cent after the company announced a drop in revenue with EBITDA for the first half of FY23 expected to be materially lower year on year.

An unaudited update suggested revenue for the four months to April would be more than 20 per cent lower at $95.7 million.

Appen cited challenging external operating and macroeconomic conditions for the drop.

More From The Market Online
The Market Online Video

The ASX Today: Market wavers even as US-Iran talks progress; WiseTech plunges on White investigation

The ASX 200 traded flat as US-Iran peace talks progressed and oil reversed early gains. WiseTech…

Lindian Resources on target for first rare earth production at Kangankunde

Lindian Resources remains on target for first production in Q4 2026 at its Kangankunde rare earths…

Inghams shares sink after bird flu detection prompts biosecurity crackdown

Inghams shares dropped after Australia's first mainland H5N1 bird flu detection prompted a lockdown of its…

Godolphin uncovers major new sulphide discovery at Lewis Ponds

Godolphin Resources has intersected multiple broad sulphide zones, highlighting significant resource growth potential.