Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 was trading flat late in Tuesday afternoon’s session.
Utilities and Energy were the best performing sectors intraday, both in the green heading into market close. Financials was the biggest loser intraday, followed by Staples and Telecommunication.
In the Green
Star Entertainment (ASX:SGR) traded green intraday, even as the troubled casino operator’s deal with US giant Bally’s faces scrutiny from the New South Wales Independent Casino Commission.
Woodside Energy (ASX:WDS) climbed higher on news it’s strengthening its Australian operations by partnering with ExxonMobil to operate Bass Strait assets. The deal will see Woodside take control of key infrastructure, including offshore production facilities.
Finally, Tivan (ASX:TVN) traded in positive territory on the Tuesday session after advancing the development of its Speewah Fluorite Project in Western Australia. A new funding deal will support its joint venture with Japanese partners.
In the Red
Liontown Resources (ASX:LTR) retreated today, extending losses in the lithium sector despite posting a record $23 million in positive operating cash flow for the June quarter.
Boss Energy (ASX:BOE) fell again after a round of broker downgrades. The stock lost more than 40% yesterday after warning it was unlikely to meet production targets at its Honeymoon project in South Australia and raised concerns about uranium quality.
And shares in the Andrew Forrest backed gold producer Greatland Resources (ASX:GGP), cratered in afternoon trading over its ‘moderated’ FY26 guidance.
