Join our daily newsletter At The Bell to receive exclusive market insights
Christmas is one week away and the ASX200 has been up 0.25% at 8335 points.
The iron ore price has been US$103.75 and big miner Rio Tinto (ASX:RIO) has been up 1.2% at $119.93.
Real Estate has been the strongest performing sector, up 1.25%, followed by Industrials, up 0.9% and Health Care, up 0.7%.
Staples has been the worst performing sector, down 0.3%.
Company News
Lefroy Exploration (ASX:LEX) has been up 6.06% after inking a deal with BML Ventures.
The partnership aims to progress Lefroy’s Lucky Strike Gold Project, which possesses a mineral resource estimate of 1.27 million tonnes of gold.
Lefroy Exploration has been 7 cents.
Insignia (ASX:IFL) has been down 1.7% on news the financial services giant rejected Bain Capital’s $4-a-share takeover bid.
Insignia has been $3.54.
Vulcan Energy (ASX:VUL) has been up 1.9% after the company borrowed $1.4 billion to finance its €2.2 billion Phase One Lionheart Project in Germany.
Vulcan Energy has been $5.88.
