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The ASX200 closed flat at 7,936 points.
Discretionary was the best performing sector, up 1.1%, followed by Financials, up 1%.
Staples was the worst performing sector, down 1.7%, followed by Information Technology, down 1%, and Industrials, down 0.9%
In the Green
Metal Hawk (ASX:MHK) closed up 1.25% after securing firm commitments from investors to raise $2.5 million through a private placement at 41c per share, representing a 3.8% premium to last closing price. The funds will support an extensive maiden drilling program at the Thylacine and Siberian Tiger prospects within the Leinster South Project in Western Australia.
Metal Hawk closed at 40.5 cents.
Atomo Diagnostics (ASX:AT1) closed up 5.9% after inking an exclusive global licence to commercialise a groundbreaking rapid syphilis test developed by the Burnet Institute.
The agreement allows Atomo to integrate the test with its Pascal test cassette, enhancing accessibility and accuracy for diagnosing active syphilis infections.
Atomo Diagnostics closed at 1.8 cents.
Errawarra Resources (ASX:ERW) closed up 107% after it acquired high-grade Elizabeth Hill Silver Project in the West Pilbara region. The company secured a 70% interest in the historic silver mine as well as rights to surrounding tenements covering 180sqkm.
Errawarra Resources closed at 5.4cents.
In the Red
James Hardie (ASX:JHX) closed down 14.5% after signing a deal to acquire The AZEK Company (NYSE: AZEK) in a deal valued at A$14 billion. The deal includes AZEK’s net debt.
James Hardie closed at $40.00.
New Hope (ASX:NHC) has finished down 4.3% after the stock went ex-dividend today. Last week, the company released its half year results and declared a fully franked 19 cents per share interim dividend.
New Hope closed at $3.93.
And Synlait Milk (ASX:SM1) has closed down 12.0% after releasing its half year results. The company posted EBITDA of NZ$63.1 million for the half, just above its the guidance range, and NPAT of NZ$4.8 million.
Synlait closed at 80.5 cents.
That’s Market Close, we’ll see you tomorrow for Market Open.
