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The ASX200 closed up 0.07% at 7,942 points.
IT was the best performing sector, up 1.9%, followed by Health Care, up 1%, and Industrials, up 0.4%.
Staples was the worst performer, down 0.85%, followed by Materials and Utilities, both down 0.6%
In the Green
Peregrine Gold (ASX:PGD) closed up 3.45% after finalising a binding agreement with prominent prospector and major shareholder Mark Creasy which grants him access to its high-grade Peninsula prospect for potential gold extraction.
Peregrine Gold closed at 15 cents.
BPH Global (ASX:BP8) closed up 33.3%% on news of progress in its Indonesian seaweed operations following the acquisition of local seaweed assets in January.
BPH Global closed at $0.004.
Li-S Energy (ASX:LIS) closed up 8.7% after partnering with Kea Aerospace to integrate lithium-sulfur battery technology into Kea’s high-altitude UAVs.
Li-S Energy closed at 12.5 cents.
In the Red
Cannindah Resources (ASX:CAE) closed down 18.3% on reports of a copper-gold intersection from its latest drilling at the Mt Cannindah Project in central Queensland.
Cannindah Resources closed at 7.6 cents.
Atlas Arteria (ASX:ALX) closed down 4.3% after the stock traded ex-dividend this morning. Last week, the company declared its second half distribution of 20 cents per share. This represents a 4% dividend yield based on its last close price.
Atlas Arteria closed at $4.82.
And New Hope (ASX:NHC) ended down 3.5% after broker Citi downgraded its rating to “neutral” with a $4.20 reduced price target. The broker says lower thermal coal prices and a significant reduction in earnings estimates lead to the downgrade.
New Hope closed at $3.79.
