ASX Market Close: Index claws back intraweek losses | 26 July, 2024

The ASX200 closed up 0.76% today. Losses from earlier in the week were clawed back with Materials the strongest sector, up 1.4% and Real Estate close behind, gaining 1.3%.

ASX Market Update: Mining and Energy stocks lead rising bourse | July 26, 2024

The ASX200 is trading up around 0.87% to just about 7930 points. Materials has been the leading sector gaining 1.7%. Energy, Real Estate and Health Care are also proving strong.

Dale Gillham's weekly wrap: Will FDA tick give Mesoblast a boost?

The sellers finally stepped in this week to push the All Ordinaries Index down more than 1%. I say 'finally' because markets don’t climb indefinitely without resistance from sellers. It had been almost four weeks since some meaningful selling on our market.

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nova Minerals (ASX:NVA) shares dipped nearly -3% in Friday morning trades after announcing it was closing the pre-listing IPO process for its new NASDAQ digs.The company is listing on the tech heavy stock market at a value of only US$3.3M @ firmly landing it in the nanocap end of things, Australi...

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MinRes (ASX:MIN) shares jumped 5% nearly right out the gate on Friday following an update from the miner it’s on track to meet FY24 production guidance.The already $50+ stock jumped 5%, perhaps surprising, if a cynic wanted to bring iron ore prices into it. The steelmaking commodi...

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Red Hawk Mining (ASX:RHK) has announced an upgrade for the mineral resource incorporating the company’s Eagle Deposit.@Red Hawk is pleased to announce an MRE for Direct Shipping Ore (DSO) for the Eagle deposit at the 100%- owned Blacksmith Iron Ore Project of 71.1Mt at 57.4% Fe,&C...

Nine's staff strike as Paris Olympic coverage begins

Paris is off to a rocky start, with Australia's beloved Matildas going down 3-0 to Germany overnight, five water polo stars being struck by Covid, and if that's not enough to dull the excitement, Nine Entertainment Co Holdings (ASX:NEC) sent reporters to Paris only to have some of its unionised team go on strike in a fight for better pay.

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Monadelphous (ASX:MND) has flagged its receipt of a $200M contract with Woodside Energy (ASX:WDS).

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

IGO (ASX:IGO) has kicked off copper drilling on-site Encounter Resources' (ASX:ENR) Yeneena play.