Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 has been up 0.11% at 8,240 points amid positive investor sentiment.
The Discretionary sector has been leading the market higher, up 0.6%, followed by Real Estate, up 0.5%, and Financials, up 0.45%.
IT has been the poorest performer, down 1%, followed by Telecommunication, down 0.6%, and Health Care, down 0.5%.
Arafura Rare Earths (ASX:ARU) has been up 21% on receipt of a $200 million investment from the National Reconstruction Fund Corporation. The funds will be used to advance the Nolans Project in the Northern Territory.
Arafura Rare Earths has been 14 cents.
Guzman Y Gomez (ASX:GYG) has been up 7.1% on a broker upgrade. UBS upgraded GYG from sell to “neutral” and lifted its price target from $37 to $40.
Guzman Y Gomez has been $41.05.
Macquarie Group (ASX:MQG) has been up 0.2% on the news it will invest up to $8B in Nasdaq-listed Applied Digital (NYSE:APLD). The investment will fund the construction of a major data centre to service AI processing in the U.S.
Macquarie has been $225.70.
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
-1200x645-380x200.jpg)
-1200x645-380x200.jpg)