The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

The ASX200 has been down 0.4% at 8,261 points.

Investors reacted with disappointment to the latest Chinese stimulus measures released on the weekend. Declining iron ore and oil prices has adversely affected commodity stocks, as hopes of a strong uptick in Chinese driven demand were dashed.

IT and Real Estate have been the best performing sectors, both up 1%, followed by Health Care and Discretionary, both up around a third of a percent.

Materials has been the worst performer, down 2.4%, followed by Staples, down 1.7% and Energy, down 0.8%.

Company News

Resoulute Mining (ASX:RSG) has been down 30% on news its CEO Terry Holohan and other company executives have been detained by the military controlled government of Mali in West Africa.

Resolute Mining has been 47 cents.

Imugene (ASX:IMU) has been up 4.4% on news its kicked off the injection phase of a trial of its innovative onCARlytics (CF33-CD19) candidate. This pivotal development marks the dosing of the first patient grappling with advanced solid tumours.

Imugene has been 4.8 cents.

Li-S Energy (ASX:LIS) has been up 5.7% on reports it used a twelve-cell lithium sulfur battery pack to power a small UAV for 30 minutes. The fixed wing asset, which doesn’t use quadcopter style propellors and instead was hand launched, stayed airborne for half an hour – and didn’t even use up all the battery’s life.

Li-S Energy has been 23.3 cents.

More From The Market Online
The Market Online Video

ASX Market Update: Unemployment remains steady at 4.1% | November 14, 2024

The ASX200 has been up 0.45% at 8,330 points in afternoon trade. Australia’s unemployment rate remained…
The Market Online Video

ASX Market Close: NAB predicts first rate cut will now be May |November 14, 2024

National Australia Bank (ASX:NAB) has become the first major bank to push out its prediction for…

Recce scores $6.75M R&D rebate

Recce Pharmaceuticals (ASX: RCE) has received a cash refund of $6,751,176 Research and Development (R&D) Tax…
HotCopper studio & website with Gumtree branding

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Let’s get straight to the point: of all the smallcaps in the Telecommunications index, The Market Ltd…