Join our daily newsletter At The Bell to receive exclusive market insights
Good afternoon. The ASX200 has been up 0.42% at 8,134 points. The local bourse is very close to breaking its record of 8,148 set in August.
The Aussie market has so far shrugged of a second assassination attempt on former President Trump in the United States, but all eyes are on Wall Street’s reaction. At 1pm Sydney time, the S&P 500 and Nasdaq futures are flat.
The Real Estate sector has been up more than 1%, followed by Telecommunication up around point eight of a percent. Health Care has been down point six of a percent and Utilities has lost around point three of a percent.
Company News
Raiden Resources (ASX:RDN) has been up 11.3% after chalking up a second works approval.
Raiden’s Andover project in WA is located near other lithium plays and the company can replicate such success. Drilling operations are set to commence by mid-October.
Raiden Resources has been 3.5 cents
Immutep (ASX:IMM) has been down 10% on release of positive efficacy and safety results from its Phase 2b drug trial. The first-line treatment of recurrent or metastatic head and neck cancer is being evaluated, but the results have failed to inspire investors.
Immutep has been 36 cents.
Encounter Resources (ASX:ENR) has been up 6.5% after unveiling a fresh set of niobium assays from recent drilling, with consistently high grades.
Encounter Resources has been 49.5 cents in early afternoon trade.
-1200x645-380x200.jpg)
-1200x645-380x200.jpg)