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The ASX200 closed up 0.76% today.
Losses from earlier in the week were clawed back with Materials the strongest sector, up 1.4% and Real Estate close behind, gaining 1.3%.
Consumer Staples ended up the only sector to lose any ground down 0.22%.
In the Green
Materials giant Mineral Resources (ASX:MIN) gained more than 3%, following an update confirming the company is on track to meet FY24 production guidance.
Mineral Resources closed at $53.48.
Monadelphous (ASX:MND) gained 1.75% after inking a $200 million contract with Woodside (ASX:WDS), to complete work on the Pluto project in WA. The work is key to the processing of gas for the larger Scarborough project.
Monadelphous closed at $12.78.
And, alternative energy smallcap 1414 Degrees (ASX:14D) jumped close to 6% on its latest quarterly results.
The company has hydrogen reactor technology and has received $1 million in funding support from Woodside (ASX:WDS) and declared $1.8 million cash and equivalents at the end of June.
1414 Degrees closed at 7.2 cents
In the Red
As staples took a late-trade stumble, Woolworths (ASX:WOW) closed down .7% to just above $34.20 ($34.21). But the grocery giant has gained more than $3.70 since early May.
Meteoric Resources (ASX:MEI) closed down more than 8% after raising $27.5 million via an 11-cent placement. It’s seeking another $5 million through an associated Share Purchase Plan.
Meteoric Resources dropped below that price today, to close at 11 cents.
And, finally, Nova Minerals (ASX:NVA)closed down nearly 15% on the closure of its $4.9 million Nasdaq IPO.IPO units were priced at US$6.92. The proceeds will be used to progress the company’s flagship gold project in North America.
Nova Minerals closed at 14.5 cents.
