ASX Market Close: Index drifts on eve of RBA rate decision | May 19, 2025

The ASX200 closed down 0.58% at 8,295 points.

Energy was the worst performing sector, down 1.8%, followed by Materials, down 1.5%, and Real Estate, down 1.6%.

Lumos Diagnostics (ASX:LDX) closed after securing Medicare reimbursement coverage for its FebriDx test from a fifth administrative contractor, WPS Health Solutions in the United States.

Lumos Diagnostics closed at 2.7 cents.

Trigg Minerals (ASX:TMG) announced it has acquired 49 unpatented lode mining claims covering the strategic Antimony Canyon Project (ACP) in Utah, USA, currently the largest and highest-grade antimony project in the United States.

Trigg Minerals closed at 3.9 cents.

Lendlease (ASX:LLC) has confirmed the sale of its UK development assets into a 50/50 joint venture (JV) with The Crown Estate. The sale includes six of Lendlease’s UK development projects, comprising land holdings and capital efficient land management agreements.

Lendlease closed at $5.51.

Anson Resources (ASX:ASN) closed down 1.8% after receiving unanimous approval to amend its royalty rate from a flat 5% to a scaled rate of 1% – 5% on first marketable product.

Anson Resources closed at 5.4 cents.

Dateline Resources (ASX:DTR) closed down 5.1% after sharing the company’s current cash position stands at approximately $1.95 million, including about $1.1 million raised from the exercise of options. The funds will be used to advance its Gold-REE project in California.

Dateline Resources closed at 3.7 cents.

Arizona Lithium (ASX:AZL) closed down 22.2% on approval for its Phase 1 production at the Prairie Lithium Project in Canada. This represents one of the first lithium brine projects in North America to be approved for initial production.

Arizona Lithium closed at $0.007.