The Market Online - At The Bell

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

The ASX200 is up nearly 0.6 of a percent, in line with futures’ predictions.

Materials and healthcare are in the lead this morning – both sectors are up more than a percent. Energy and industrials are a drag mid-session.

In other news this morning – the Wage Price Index (WPI) rose 0.8% in the March quarter, and 4.1% for the year, according to seasonally adjusted data released by the ABS today.

In company news

The Australian Agricultural Company (ASX:AAC) is down nearly 1.8% after reporting a statutory net loss after tax of $94.6m – a big drop from a profit of $4.6m for the previous corresponding period, citing softening cattle prices.

Its net assets are down 3% to $1.52 billion, and its operating cash flow is down 40%.

AAC has been trading at $1.38.

Auckland International Airport (ASX:AIA) has released its monthly traffic report, showing passenger numbers were up 8% year-on-year.

Its total international passengers were up 10%, and transit movements were also up 16% year-on-year.

AIA has been trading at $7.

Raiden Resources (ASX:RDN) is up nearly 3% on confirming that its final heritage report for the Andover South lithium project has been cleared for drilling, where no culturally sensitive areas were identified within the project boundary envelope.

Raiden is engaged in discussions with contractors for drilling on-site and will select a provider once the Andover North heritage report is finalised.

RDN has been trading at 5 cents.

The Calmer Co (ASX:CCO) is up nearly 34%on its April sales figures – which have clocked in $150,000 just off Coles alone.

Broken down by week, the company saw more than $30,000 in sales every seven days and over 4,600 units sold per week in the eighth week following touchdown on the shelves.

E-commerce sales broadly, have brought in more than $11,000 per day for the company.

CCO has been trading at 0.8 cents.

More From The Market Online

Canberra greenlights Maximus partnership with Korean heavyweight

Maximus Resources has received approval from Canberra for a Korean mining firm to farm-in for 30%…

Telix Pharma gears up to launch US IPO

Telix Pharmaceuticals has announced it's working with Morgan Stanley to list depository shares on the NASDAQ.

Market Open: ASX200 set to rise as VIX hits 5-year-low

Good morning. It’s looking like a good start to the week on the futures market with…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…