The Market Online - At The Bell

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

The market continued its lacklustre run throughout the day, crossing the line in the red.

The ASX200 closed down 0.12 per cent or 8.4 points to 7,255.7.

In the green

Healthcare led the sectors today, with heavyweight CSL (CSL) gaining a little over a per cent to close at $303.20

Uranium miner, Paladin Energy (PDN) had a strong session, gaining more than eight per cent. It’s been lifting since it released its presentation to the Macquarie Australia Conference on May 4.

And engineering group, Monadelphous (MND) also had a positive day, up more than 3 and a half per cent to close at $13.30.

In the red

Seven of the 11 sectors were down today, with communication services falling furthest.

Bank of Queensland (BOQ) tumbled nearly four and a half per cent today on trading ex-dividend, which means those buying on market today won’t get the latest dividend.  

And artificial intelligence specialist, Appen (APX) fell more than 28 per cent after the company announced a drop in revenue with EBITDA for the first half of FY23 expected to be materially lower year on year.

An unaudited update suggested revenue for the four months to April would be more than 20 per cent lower at $95.7 million.

Appen cited challenging external operating and macroeconomic conditions for the drop.

More From The Market Online

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

Omega Oil & Gas has commenced drilling operations at Canyon-3, another key step in confirming the…
The Market Online graphic with ASX-branded charts and the text "HotCopper Highlights" centred in white.

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

Pilbara Minerals, Dateline Resources and Strike Energy top this week's most viewed stocks, while 4DMedical, Liontown…

Ariana Resources earns US$3.7M from further asset sale in Turkiye

Ariana Resources has sold its legacy 9.9% interest in the Kiziltepe Sector in Türkiye to Proccea…

Meteoric Resources unveils confidence boosting Caldeira DFS

Meteoric Resources has unveiled a DFS for its Caldeir rare earth project in Brazil which has…