The Market Online - At The Bell

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

The ASX200 has been up 0.3% at 8,560 points after touching a new all-time high of 8,575 points in intra-day trade.

The positive investor sentiment followed the spectacular launch of Chemist Warehouse on the boards through its $34 billion merger with Sigma Healthcare.

Materials has been the strongest performer, up 1.2%, followed by Discretionary, up 0.9%, and Telecommunication, up 0.3%. Utilities has been the worst sector, down 1.75%, followed by Energy, -0.75%, and Staples, -0.55%.

Austal (ASX:ASB) has been down 1.8% after inking a deal worth between $265 and $275 million, for the creation of a 130-metre combined cycle, hydrogen-ready vehicle passenger ferry. Austal has been $3.81.

Pro Medicus (ASX:PME) has been down 4.6% as investors take profits after the company hit a record high following the release of its half-yearly. Pro Medicus has been $274.85.

Kalgoorlie Gold Mining (ASX:KAL) has been up 16.9% after getting things underway to drill at its Lighthorse gold discovery at Pinjin next month.

Kalgoorlie Gold Mining has been 8.3 cents through Thursday trade.

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.

More From The Market Online

Carnarvon Energy confirms rig booked for key offshore WA oil hunt

Carnarvon Energy has contracted specialist offshore drilling rig Transocean Equinox to test an Australian offshore oil…

Pro Medicus signs $44M in health contracts

Health imaging company Pro Medicus has announced the signing of $44 million in separate contracts through…

Adavale Resources increases Lachlan Fold Belt gold resource by 44%

Adavale Resources has made a strategic acquisition to advance its gold and copper focus on the…
The Market Online Video

Ahead of schedule: Prospect Resources’ copper growth story in Zambia

Welcome to the latest HotCopper Capital Compass, where we’ve spoken to Prospect Resources (ASX:PSC) executive finance director Ian Goldberg