The ASX200 closed up around 0.9% at 8,355 points after hitting a new record of 8,384 points just before September jobs data was released this morning.
The better than expected unemployment rate of 4.1% saw markets reduce the odds of an RBA rate cut by years end from 1 in 2 to 1 in 3.
Industrials was the strongest sector, up 1.85%, followed by Financials and Real Estate, both up 1.65%.
IT was the biggest loser, down 1%, followed by Materials, down 0.4%.
In the Green
Neuren Pharmaceuticals (ASX:NEU) closed up 3% on news its Daybue product has been approved in Canada. This makes it the first and only drug approved in Canada for the treatment of Rett syndrome.
Neuren Pharmaceuticals closed at $13.08.
Euro Manganese (ASX:EMN) closed up 18.75% after proving reliability of its new demonstration plant with the facility running for five straight days.
Euro Manganese closed at 5.7 cents.
Koonenberry Gold (ASX:KNB) finished up 33.33% on news it’s set to transform into a gold and copper-gold explorer. The company will have a 4,410 square kilometre footprint across New South Wales.
Kooneberry Gold closed at 1.7 cents.
In the Red
OFX Group (ASX:OFX) closed down 35.75% on release of its first half update. The company delivered a net operating income of approximately $111 million and underlying EBITDA of approximately $29 million. The result was below investor expectations.
OFX Group closed at $1.46.
Appen (ASX:APX) closed down 6.88% after completing an institutional placement this week. The company raised $50 million and the allotment of the shares took place today.
Appen closed at $2.03.
American West Metals (ASX:AW1) closed down 1.08% on drilling results at its Storm Project in Canada. The thick and high-grade copper intersections from surface confirm the potential of its Chinook deposit as an open-pit, potential starter mine.
American West Metals closed at 9.2 cents.