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Monday’s HotCopper trends: MinRes up despite divestment, South32 names new CEO | May 12, 2025

ASX News, Market Summary
12 May 2025 13:00 (AEDT)
HotCopper Daily Market Trends Graphic

Source: The Market Online

The ASX200 has been up 0.32% at around 8,257 points.

Mineral Resources Ltd (ASX:MIN) has been well-watched on HotCopper today, after rising 5.65% despite news that superannuation fund HESTA has sold its remaining stake in the company, citing ‘serious governance concerns’.

MinRes has been $22.25.

South32 Ltd (ASX:S32) has risen 2.51% after telling investors that chief executive Graham Kerr will be leaving next year after more than 10 years at the company, and that Matthew Daly – who is currently and executive, and technical and operations director at AngloAmerican Plc – will be stepping into the role.

South32 has been $2.86.

And Neuren Pharmaceuticals Ltd (ASX:NEU) has been down 6.1% after announcing the buyback of more than 127 million securities, and following commentary from Donald Trump in which he vowed to cut prescription drug prices by up to 80% via an executive order.

Neuren has been trading at $12.48.

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