The ASX200 has been slightly down 0.21% at 8,100 points.
The US market was closed overnight for labour day and provided the Australian market with no catalyst. European markets mostly ended flat and are where Australians look on Wall Street holidays.
The majority of sectors are in the red and Staples has been the biggest loser down around 2%, followed by Real Estate down point seven of a percent and Industrials half a percent.
Company News
Small cap miner Golden Deeps (ASX:GED) has sky rocketed and more than tripled in morning trade – up around 210%!
The excitement follows the intersection of thick copper and zinc sulphide mineralization at its Havilah Project in NSW.
Golden Deeps has been trading at 8.7 cents
Invictus Energy (ASX:IVZ) has been down more than 1.2% after revealing eight new prospects have been defined at its Cabora Bassa Basin project in Zimbabwe. The news has failed to excite investors.
Invictus Energy has been exchanged at 7.6 cents.
Strike Energy (ASX:STX) has been up around 1.3% on news of gas discoveries downhole its Erregulla Deep Well in WA. The discoveries are at a record depth for the Perth Basin.
Strike Energy has been swapping hands at 19.8 cents.
Peninsula Energy (ASX:PEN) has been up around 2.5% after sharing its Lance Project is on track to produce uranium in late Q4 2024 in Wyoming in the United States. The company aims to be the next uranium producer listed on the ASX.
Peninsula Energy has been trading at 8 cents.