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The ASX200 closed down 0.06% at 8,211 points in a flat day’s trade.
Local markets are all awaiting next Wednesday’s Quarterly CPI data for the three months to September.
Information Technology was by far the best performer, up 3.3%, followed by Health Care, up 0.5%.
Staples was the worst performing sector, down 1.2%, followed by Industrials, down 0.6%.
In the Green
Wisetech (ASX:WTC) closed up 12.71% as it emerged Richard White will retain strong influence over company strategy despite stepping down from the CEO role.
Wisetech closed at $112.00
Qantas (ASX:QAN) closed up 1.52% after avoiding a second strike at its AGM, with its remuneration report being overwhelmingly passed.
More than 75% of Qantas shareholders voted for the report, meaning the board will not face a spill motion.
Qantas closed at $8.03.
Godolphin Resources Ltd (ASX:GRL) closed up 11.77% on news its produced a mixed rare earth carbonate (MREC) products – from its project in new South Wales.
Godolphin Resources closed at 1.9 cents.
In the Red
Newmont (ASX:NEM) closed down 13.6% as investors continue to punish stock after the release of its quarterlies yesterday.
The company reported a 4% quarterly increase in gold production to 1.7 million ounces. However, Newmont’s all-in-sustaining costs (AISC) lifted to US$1,611 per ounce, driven by higher direct costs at key mining sites.
Newmont closed at $71.74.
Omega Oil & Gas (ASX:OMA) closed down 16.67% on reports of strong gas shows and indications of condensate at its Canyon-1H well.
Omega Oil and Gas closed at 25 cents.
Ioneer (ASX:INR) closed down 1.79% on final permit approval from the U.S. Federal Government for its Rhyolite Ridge Lithium-Boron project in Nevada.
Construction is now slated to kick off in 2025.
Ioneer closed at 27.5 cents.
