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The ASX 200 closed down 0.13%% at 8,396 points.
In breaking news, the Albanese government has greenlit Woodside’s controversial North-West Shelf extension, extending the project’s life by 40 years, to 2070. Investors have responded with alacrity by pushing the stock 3.2% higher to close at $22.12.
Energy has been the best performing sector, up 2.2%, followed by Real Estate and IT, both up 1.2%.
Financials was the biggest loser, down 0.7%, followed by Materials and Staples, both down 0.4%.
In the Green
RAS Technology (ASX:RTH) after reporting growth in its annualised recurring revenue, which rose to $21.1 million at the end of the first half of FY25, up from $18.3 million.
RAS Technology closed at 93 cents.
Aurora Labs (ASX:A3D) closed down 2.04% has inked a deal with U.S. based Mayman Aerospace to develop 3D-printed micro gas turbines for vertical take-off and landing aircraft.
Aurora Labs finished at 4.8 cents.
In the Red
Mineral Resources (ASX:MIN) closed down 5.4% as investors dumped the stock in response to yesterday’s production update. The company’s news has preceded an investor and analyst tour of Onslow Iron which kicks off in the coming days.
Mineral Resources closed at $22.45.
IPD Group (ASX:IPG) closed down 7.8% as investors reacted unfavourably to it earnings guidance for the fiscal year ending June 30. The company forecast revenue growth across its business despite ongoing headwinds.
IPD Group closed at $3.19.
Telstra (ASX:TLS) closed down 0.21% despite Macquarie lifting its 12-month price target to $5.28, a substantial 34% increase.
Telstra closed at $4.74
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