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The ASX has been down 0.55% at 7,956 points on Thursday so far.

Energy has been the strongest sector, up 0.75%, followed by Materials, up 0.4%, and Utilities, up 0.25%.

Information Technology has been the worst-performing sector, down 2%, followed by Real Estate, down 1.6%, and Discretionary, down 1%.

Mesoblast (ASX:MSB) has been the most watched stock on HotCopper forums today after the company’s proprietary drug Ryoncil scored approval from the U.S. Food and Drug Administration for use in the United States.

Also trending on the forums is FBR (ASX:FBR), which successfully completed an institutional capital raise of $6.3 million at an issue price of one cent per share.

Rounding out the most discussed today is Hot Chili (ASX:HCH) after the miner revealed the life of its Costa Fuego Copper-Gold Project in Chile has been extended to 20 years. The move follows the completion of a Prefeasibility Study.

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Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

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