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The ASX200 has been trading up around 0.4% at 8,076 points.
Australian retail data was flat for July, maintaining a higher level of retail turnover, according to the ABS. This was on the back of half a percent rises in both May and June.
Energy is leading the market higher, up 1.9%, followed closely by Industrials 1.6% and Utilities at 0.8%.
Discretionary stocks have been sold off and are down nearly 1% and Staples point five of a percent.
Company News
Downer (ASX:DOW) has been the leader and has been up around 19% after posting better than expected FY24 results.
The company booked a 5.5% increase in revenue to $11.7 billion and a 24.5% lift in underlying NPAT to $193.9 million. Top line growth was driven from the Transport and Utilities segments and solid margin expansion.
Downer has been trading at around $5.70.
Jupiter Mines (ASX:JMS) has been down another 12% after releasing FY24 results yesterday. Despite posting an increase in NPAT to $39 million, the company did not meet investor expectations.
Jupiter Mines has been exchanged at 18 cents.
Antipa Minerals (ASX: AZY) has been unchanged after releasing assay results from diamond core drilling at two Pacman targets, in the Paterson Province of WA.
The holes totaled 1,664m, and results confirmed encouraging gold-copper mineralization.
Antipa Minerals has been trading at 1.2 cents.
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