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The ASX200 has been trading in the red leading into the close.
Industrials, Health Care, and Energy were the poorest performing sectors in afternoon trade.
On the green side of things, Real Estate, Discretionary, and Staples all bucked the trend and traded in positive territory toward close.
In the Green
Neuren Pharmaceuticals (ASX:NEU) climbed higher in afternoon trade on release of its Q2 DAYBUE (trofinetide) Rett syndrome treatment. Net sales reached US$96.1 million, representing a 14% increase on the prior quarter.
The High Court of Malawi has dismissed Deep Blue Sea’s claim against Lindian Resources (ASX:LIN). No liability from the case was incurred by Lindian.
And, Marquee Resources (ASX: MQR) traded more than 22% high in the afternoon after finalising its first phase of drilling at its Mt Clement (Eastern Hills) Antimony Project in Western Australia.
In the Red
The Australian Stock Exchange (ASX:ASX) was down heading into close after the exchange unveiled additional operating expenses linked to its ASIC inquiry. The company expects to incur an additional $24-25 million in FY26 in ASIC inquiry related costs.
Light & Wonder (ASX:LNW) was in the red in intra-day trade on news it will pull up stumps and delist from the Nasdaq, pushing ahead with plans for a sole ASX listing following months of deliberations.
Silex Systems (ASX:SLX) cratered heading into close after completing a capital raise. The company will raise $130 million through an institutional placement at $3.90 per new share.
