The ASX200 closed up 0.3% at 8,099.9 points.
Materials finished the leading sector, closing up 2.25%, followed by Real Estate 1.02% and Energy, just under 0.84%.
The big 4 Banks proved to a drag on the bourse and prevented the wider market from breaking records. The Financials sector finished down 0.61%.
In the Green
Woodside (ASX:WDS) finished the week up 1.34% after oil prices rebounded overnight. The Brent crude oil price has risen to USD$72.50 per barrel, with the increase caused by Hurricane Francine in the Gulf of Mexico.
Woodside closed at $24.24.
Chalice Mining (ASX:CHN) jumped for the second day in a row, spurred upwards 9.13% by Putin’s recent threats to ban exports on a basket of commodities, including nickel, which Chalice mines in WA.
Chalice ended the day at $1.25.
Antipa Minerals (ASX:AZY) closed up 14.29% after selling its interest in a JV with Rio Tinto for A$17M.
Antipa’s cash reserves will swell to $23M on the back of the deal which it will use to focus on its 100% owned Minyari Dome copper-gold project in WA.
Antipa Minerals ended the day at 1.6 cents.
In the Red
National Australia Bank (ASX:NAB) finished down 1.24% as Financials sector stocks were aggressively sold off. Today’s retreat was a sharp change for bank stocks that have enjoyed a rally in recent weeks.
National Australia Bank closed at $38.28.
Paladin Energy Ltd (ASX:PDN) was down 4.29% after terminating more than 8,500 performance rights earlier this month, due to the non-fulfillment of conditional terms.
Paladin Energy closed at $9.37.
And Audinate (ASX:AD8) closed down 4.73% a month after reporting record FY24 profit growth of 33.2% stemming from strong US sales of its Dante technology platform.
Audinate closed at $9.26.