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The ASX200 has been up 0.12% at 8,531 points.
IT has been the strongest performing sector, up 0.6%, followed by Staples, up 0.5%, and Real Estate and Telecommunication, both up around 0.45%.
Energy has been the biggest loser, down 0.9%, and Health Care, down 0.7%.
Citi’s 2025 gold price forecast could mean new record highs for gold stocks – the broker has upgraded its three-month gold price target from US$2,800 to $3,000 per ounce.
Brent Crude Oil has been up at US$74.35 per barrel.
The Aussie dollar has been 62.9 cents.
Company News
KFC and Taco Bell operator Collins Foods (ASX:CKF) has been up 12% after KFC’s parent Yum! Brands posted Q4 results revealing Australia and New Zealand achieved 11% sales growth over the prior quarter.
Collins has been $8.30.
Sigma Healthcare (ASX:SIG) has been up more than 5% after upgrading its full-year EBIT guidance from $50-$60M to $64 to $70 million.
Sigma Healthcare has been $2.97.
REA Group (ASX:REA) has been up 2.9% today after reporting a 26% rise in half-year profits and a 20% lift in group revenue. CEO Owen Wilson concurrently announced his resignation after six years at the helm.
REA Group has been $262.35.
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