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ASX Market Close: Index tracks sideways | May 6, 2025

ASX News, Market Summary
06 May 2025 16:54 (AEDT)

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The ASX200 closed slightly down 0.08% at 8,151 points.

Energy and Real Estate were the best performing sectors, up 0.8%, followed by Materials, Utilities, Telecommunication and Discretionary – all up around 0.6%.

Health Care was the worst performing sector, down 1.8%.

In the Green

Immutep (ASX:IMM) closed up 11.5% on news of the complementary nature of two immunotherapies leading to 17 month median Overall Survival in head and neck cancer patients.

Immutep closed at 34 cents.

Carnegie Clean Energy (ASX:CCE) closed up 8.1% after inking a memorandum of understanding with an Alaskan Native Tribes non-profit to explore the potential development of CETO wave energy projects in Southcentral Alaska’s Chugach Region.

Carnegie Clean Energy closed at 4 cents.

Inghams Group (ASX:ING) closed up 1.7% after reaffirming its FY25 guidance, including a forecast for core poultry volume growth of -1% to -3% and underlying EBITDA in the range of $236 million to $250 million.

Inghams closed at $3.55.

In the Red

Platinum Asset Management (ASX:PTM) closed down 6.7% on revelations its latest funds under management update was $9,65 billion, down 6.1% from the prior month.

Platinum Asset Management closed at 62.5 cents.

Sigma Healthcare (ASX:SIG) closed down 6.6% as investors responded negatively to the company’s trading update.

Sigma Healthcare closed at $2.94.

Skycity Entertainment (ASX:SKC) closed down 4.8% on release of a trading update and revised guidance.

Skycity Entertainment closed at 99.5 cents.

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