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The ASX200 has been up 0.4% at 8,252 points in afternoon trade.
Real Estate has led the market higher, up 0.9%, followed by IT, up 0.7%, and Discretionary, up 0.65%.
Health Care has been the worst performer, down 0.7%, followed by Energy, down half a percent, and Telecommunication down 0.25%.
Company News
Myer (ASX:MYR) has been down 1.8% on news it will acquire Premier Investment’s (ASX:PMV) Apparel Brands business. The transaction includes Just Jeans, Jay Jays, Portmans, and Jacqui E.
Myer has been 95.3 cents and Premier Investments has been up 12% at $34.59.
Bluescope (ASX:BSL) has been down 0.43% after revealing it expects to fall short of its first half FY25 guidance. The company says challenging operating conditions have caused the downward revision.
Bluescope has been $21.10.
And Strata Minerals (ASX:SMX) have their eyes on four new large-scale gold drill targets at Penny South. Covering a length of 2.5km, the new Strata targets are adjacent to exceptionally high grade gold deposits.
Strata Minerals has been 2.4 cents.
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