The ASX200 closed up 0.41% to 7680, as the market absorbed the RBA rate decision.
The RBA decision to hold was widely expected and the central bank reaffirmed its commitment to slay inflation. All eyes are now on key jobs data coming out next week.
The Energy sector was the biggest loser today, down 2%, and Telecommunications 0.47% and IT 0.46%.
Discretionary was the leading sector in the green, up 1.6%, followed by Real Estate 0.96%.
In the Green
Catalyst Metals (ASX:CYL) closed up more than 6% after updating mineral resource estimates for its K2 and Plutonic East underground mines.
K2 was 0.7 mega tonnes at 3.6g/t of gold for 81,000oz.
Plutonic East was 2.2 mega tonnes at 2.5g/t of gold for 182,000oz.
Catalyst Metals finished the day at $1.87.
St George Mining Ltd (ASX:SGQ) closed up around 20% after announcing it will launch a high-grade niobium project in Brazil. The project is located within the same geological setting as a nearby Brazilian mine which produces around 80% of the world’s niobium.
St George closed at 4.1 cents.
Macmahon Holdings (ASX:MAH) closed up nearly 8% after closure of the deal to acquire Decmil Group (ASX:DCG). The company acquired all shares in Decmil at a price of 30 cents per share.
Macmahon Holdings closed at 27.5 cents.
In the Red
Woodside (ASX:WDS) closed down more than 5% after announcing it will produce ammonia from gas in the US state of Texas with just a third of the normal carbon pollution. This is its second massive investment in the principal US oil and gas state in two weeks.
The company shared late Monday it would purchase the under-construction OCI clean ammonia plant for $3.7 billion.
Woodside closed at $25.12.
Buru Energy (ASX:BRU) shares closed down more than 3%, despite inking a deal that takes it closer to drilling the Canning Basin in WA.
Buru Energy is set to refresh oil exploration efforts in Canning Basin as part of a farm-in deal with Sabre Energy.
Buru Energy closed at 9 cents.
Power Minerals (ASX:PNN) closed down around 1% after announcing it has acquired a niobium project in Brazil.
The company is unsure of the underground grades, and has indicated it wants to conduct “more systematic” sampling.
Power Minerals closed at 8 cents.