The Market Online - At The Bell

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

The ASX 200 was trading flat today after inflation data fell below forecasts, to 2.1%.

As the day unfolded, Financials emerged as the strongest performing sector, followed by Discretionary, Real Estate, and Utilities.

Materials was the biggest loser by a big margin, followed by Staples, Energy, and Health Care.

In the Green

Evion Group (ASX:EVG) jumped more than 26% leading into close after its 50/50 joint venture, Panthera Graphite, secured a supply agreement with a leading U.S.-based graphite supply chain company. The deal involves the shipment of approximately 80 metric tonnes of expandable graphite.

ASX-listed Betr (ASX:BET) spiked briefly on news it had blocked a $402 million takeover of rival bookmaker PointsBet (ASX:PBH) by Japanese entertainment giant Mixi, raising the spectre of a last-minute bid of its own.

Tasmea (ASX:TEA) climbed more than +6.2% in intra-day after reporting a strong earnings outlook for FY26, projecting a 34% year-on-year increase in net profit after tax to $70 million.

In the Red

New World Resources (ASX:NWC) was down in the later stages of trade today on news the regulator has approved the Mined Land Reclamation Plan for its Antler Copper Project in Arizona.

Andromeda Metals (ASX:ADN) was down more than -3.8% in afternoon trades on completion of its plant trials in Spain.

And, Pilbara Minerals (ASX:PLS) shed around -4% in afternoon trade after company CEO Dale Henderson spoke at the Fastmarkets Lithium Supply and Battery Raw Materials Conference, held in Las Vegas this week.

More From The Market Online

Nexsen accelerates global rollout for StrepSure

Nexen’s StrepSure diagnostic platform has received initial backing from the US Food and Drug Administration (FDA).
The Market Online Video

The ASX Today: Iran rejects US truce talks, but steady hope keeping us near flat – and Energy even rebounding

Greetings and welcome to HotCopper’s The ASX Today for Thursday, Week 13, I’m Isaac McIntyre.
The Market Online Video

Klevo Rewards teams up with Bybit to launch KLVAUD stablecoin

A strategic team-up will see Klevo and Bybit develop "KLVAUD," an Oz dollar-backed stablecoin integrated with…

Vault on target to unlock KoTH project with plant commissioning

Vault Minerals’ stage one the plant upgrade at the King of the Hills (KoTH) gold project…