The ASX200 has been down 0.3% at 7,988 points in early afternoon trade.
Gold prices have climbed back to record levels during the US Trump-Harris Presidential debate on Wednesday morning, just under $2,520 per ounce American.
Futures for the S&P500 also dipped during the debate, falling from minus 12 points to minus 21 points.
The ASX200 didn’t appear to react to the debate, continuing to trade flat.
The Materials sector has been up around 1.6%, followed by Real Estate, up 0.9%. On the down side Information Technology has retreated around 1.5%, followed by Energy and Financials – both down around 1.3%.
Company News
Melbana Energy (ASX:MAY) has been up more than 56% after approval to develop its “Block 9” area of interest in Cuba.
The first oil cargo will be exported later this year.
Melbana Energy has been around 3 cents.
Catalyst Metals (ASX:CYL) has been up more than 6% on the back of the 1Moz resource it’s grown over the last 12 months. This boosts three year gold production guidance by one hundred thousand ounces and total guidance to 200K ounces.
Catalyst Metals has been $2.34.
Proteomics International Labs (ASX:PIQ) has been down more than 18% after terminating its licence agreement with Sonic Healthcare in the United States. The company plans to licence with another provide and potentially sell direct to consumers.
Proteomics International Laboratories has been 71 cents.