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The ASX200 was trading higher leading into the close, with investor sentiment positive to start the week.

Materials was the standout sector leading into close, followed by Financials and Telecommunication.

Discretionary was the worst performing sector approaching close; IT and Utilities were close behind in the red.

In the Green

Mineral Resources (ASX:MIN) surged today on reports Chinese mining giant CATL has again halted production at its massive lithium mine. The mine is expected to be mothballed for at least three months.

DroneShield (ASX:DRO) traded higher in afternoon trade after investors responded positively after the company launched its new subscription-based counter-drone system for the civilian market.

And, IDP Education (ASX:IEL) advanced in response to a bullish broker note from Jefferies.

In the Red

Black Cat Syndicate (ASX:BC8) traded in the red through afternoon trade after kicking off diamond drilling at the Paulsens West seismic target at its Paulsens Gold Operation in Western Australia.

Also in the red, JB Hi-Fi (ASX:JBH) retreated leading into close after booking a 10% increase in sales to $10.5 billion for FY25.

And, Green360 Technologies (ASX:GT3) was in the red in intraday trade after raising $4 million through a placement. The company says the capital will accelerate rollout of its proprietary low-carbon cement formulations.

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