Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 has been up 0.23% at 8,330 points.
Donald Trump will be sworn in as the 47th President of the United States tomorrow Australian time, and investors are hyper alert to any potential surprises from the new President.
Utilities has been the best performing sector, up 0.5%, followed by Discretionary and IT, both up 0.45%, and Financials, up 0.4%.
Company News
The biggest gainer has been Tabcorp (ASX:TAH), up 6.6% this afternoon; extending a 13.3% gain last week.
Tabcorp has been 68.3 cents.
Ioneer (ASX:INR) has been up 20.6% after the company received a $1.6 billion loan from the US Department of Energy – in what is a record for an Australian company. The loan will be used to develop an on-site processing facility at the company’s Rhyolite Ridge lithium-boron project in Nevada.
Ioneer has been 20.5 cents.
PYC Therapeutics (ASX:PYC) has been down 4.3% after the US Food and Drug Administration (FDA) granted it a Rare Pediatric Disease (RPD) designation for its drug development program.
PYC Therapeutics has been $1.11.
-1200x645-380x200.jpg)