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The ASX200 closed down 0.12% at 8,206 points.
In breaking news, the founder of Wisetech Richard White will stand down as CEO and director of the company. The move comes in the wake of numerous allegations of inappropriate conduct.
Telecommunication was the strongest performer, up 0.7%, followed by Financials, up 0.6%.
Information Technology was the biggest loser, down 2.9% and Discretionary and Materials both closed down 1%.
In the Green
Telix Pharmaceuticals (ASX:TLX) closed up 1.66 on news the United States Food and Drug Administration (FDA) has accepted Telix’s New Drug Application (NDA) for Pixclara, an agent for the imaging of glioma.
Telix Pharmaceuticals closed at $21.46.
NGX (ASX:NGX) closed up 6.67% after achieving a graphite concentrate of 98% – suitable for use in producing lithium-ion – at its Natural Graphite Project in Malawi.
NGX closed at 16 cents.
Reward Minerals (ASX:RWD) closed up 12.03% after a $2.3 million placement to institutional and sophisticated investors. The proceeds will fund an engineering scoping study for a potash project in WA.
Reward Minerals closed at 6.5 cents.
In the Red
Reece (ASX:REH) closed down 7.94% after releasing its quarterlies. The company says the 5% decline in sales reveue was due to softer housing activity in the United States and Australia.
Reece closed at $24.45.
Lotus Resources (ASX:LOT) closed down 15.87% after finishing the institutional component of the uranium developer’s capital raising. The funds raised will be used to boost the company’s uranium project in Malawi.
Lotus Resources closed at 26.5 cents.
Super Retail (ASX:SUL) closed down 5.25% after having its AGM today. Chair Sally Pitkin says the company tried to resolve the issues involving two former executives-turned-whistleblowers out of court, but it was unsuccessful.
Super Retail Group closed at $15.87.
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