PriceSensitive

ASX Market Close: IT stocks lead bourse to higher ground | May 1, 2025

ASX News, Market Summary
01 May 2025 17:03 (AEDT)

This browser does not support the video element.

The ASX200 closed up 0.24% at 8,145 points.

The IT sector surged and was the best performer, up 4%, followed by Real Estate, up 1.6%, and Staples, up 1.4%.

Energy shed some of yesterday’s gains and finished down, 1.35%, followed by Materials, down 0.8%, and Utilities, down 0.1%.

In the Green

Race Oncology (ASX:RAC) closed up 14.8% on news the first patient has been safely dosed in its Phase 1 clinical trial of RC220 for advanced solid tumours.

Race Oncology closed at $1.20.

DUG Technology (ASX:DUG) closed up 11.7% after posting its quarterlies. The company achieved a 23% increase in software revenue compared to the same period last year.

DUG Technology closed at $1.14.

Dimerix (ASX:DXB) charged up 41% today after closing a deal with Amicus Therapeutics (NASDAQ:FOLD) granting Amicus the rights to commercialise Dimerix’s DMX-200 in the United States.

Dimerix closed at 68 cents.

In the Red

Resolute Mining (ASX:RSG) closed down 1.96% on news it plans to acquire the Doropo and ABC Projects in Cote d’Ivoire from AngloGold Ashanti for US$150 million.

Resolute Mining closed at 50 cents.

Amcor (ASX:AMC) has finished down 3.8% after closing its merger with Berry Global and reporting its Q3 FY25 results.

Amcor finished at $14.04.

Pantoro Gold (ASX:PNR) closed down 4.1% on revelations it intends to fully repay its outstanding convertible loan facility on May 12. Following this repayment, the company will be debt-free.

Pantoro Gold closed at $2.80.

Related News