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The ASX200 closed flat at 8,484 points.
The Aussie bourse pared early gains after lifts in companies posting positive results were offset by a large sell-off in index giant CSL (ASX:CSL).
Trump has indicated he’s considering applying a tariff exemption to Aussie steel and aluminium. The move came after a call between Albanese and Trump.
Gold has hit an all-time high of $2,924 per ounce as investors flock to the safe haven asset.
Industrials was the best-performing sector, up 1%, followed by IT, up 0.9% and Telecommunication, up 0.75%.
In the Green
Solis Minerals (ASX:SLM) closed up 49.2% after confirming extensive copper mineralisation at its Cinto Project in southern Peru.
Solis minerals closed at 9.4 cents.
Koonenberry Gold (ASX:KNB) closed up 25.0% after kicking off its inaugural drilling program at the Enmore Gold Project in northeast New South Wales.
Kooneberry Gold closed at 3.5 cents.
Alcidion Group (ASX:ALC) closed up 3.9% after inking its first deal in Wales with Hywel Dda University Health Board for use of its Miya Precision Platform. The Total Contract Value (TCV) is $5.5M (approx. £2.8M) over a term of five years.
Alcidion closed at 8 cents.
In the Red
CSL (ASX:CSL) closed down 4.9% after posting financial results for the half-year ending December 31, 2024, highlighting robust growth across key segments. The company’s overall revenue increased by 5%, reaching $8.43 billion, while net profit after tax grew by 7%.
CSL closed at $256.96.
Elixir Energy (ASX:EXR) closed down 11.3% after reporting a significant expansion of its Grandis Project in the Taroom Trough in Queensland.
Elixir Energy closed at 3.9 cents.
Wildcat Resources (ASX: WC8) closed down x% after yesterday revealing that its Tabba Tabba Preliminary Feasibility Study is around 50% complete following the completion of the November 2024 Mineral Resource Estimate.
Wildcat Resources closed at 21 cents.
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