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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.
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