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The ASX200 traded flat yet again today, closely mimicking Wall Street.
IT was heavily sold off in intra-day trade, followed by Real Estate and Industrials. Health Care and Financials were the only sectors substantially in the green.
In the Green
Paradigm Biopharmaceuticals (ASX:PAR) jumped higher on news of its acquisition of Proteobioactives, locking down global patent rights to a novel oral therapy.
Civmec (ASX:CVL) was up in intraday trade after inking a deal to acquire 100% of Luerssen Australia from NVL Australia for $20 million.
And, European Lithium (ASX:EUR) was +20% higher in afternoon trade on completion of an off-market sale to a U.S. institutional investor.
In the Red
Gladiator Resources (ASX:GLA) was -10% down leading into close after reporting exploration results from its Foxy Project in southern Tanzania.
Bannerman Energy (ASX:BMN) cratered as much as -8% in afternoon trade after the company confirmed an $85 million placement.
Strike Energy (ASX:STX) was down more than -3.3% in afternoon trade after releasing the results of its strategic review. The company says it will refocus its asset portfolio to align with WA’s energy transition demands.
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