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The ASX200 closed 0.16% higher at 8,191.7 points.
In the Green
Algorae Pharmaceuticals (ASX:1AI) closed flat after kicking off a strategic partnership with the Victorian Centre for Functional Genomics at the Peter MacCallum Cancer Centre.
The collaboration aims to validate 24 AI-predicted drug candidates – 21 of which are wholly AI-generated.
Algorae Pharmaceuticals closed at 0.7 cents.
Qantas (ASX:QAN) closed up 1.1% on reports subsidiary Jetstar is cashing in on shifting travel preferences. CEO Vanessa Hudson says cost-conscious travellers are increasingly opting for budget-friendly destinations such as Vietnam, Bali, Thailand, and Japan.
Qantas closed at $9.65.
In the Red
Light & Wonder (ASX:LNW) closed down 8.4% on release of its first quarter update. Light & Wonder revealed that total revenue was up 2.8% to US$774 million for the quarter falling short of the consensus estimate of US$805 million.
Light & Wonder closed up $133.15.
Brainchip (ASX:BRN) closed flat after releasing its quarterly update. Investor were underwhelmed and disappointed with the result and sold off the stock.
Brainchip closed at 22.5 cents.
