ASX Market Close: Financials lead index higher | January 16, 2025

The ASX200 closed up 1.38% at 8,327 points. Unemployment ticked up to 4%, in line with consensus expectations.

Southern Cross Gold Consolidated's January 'IPO' is all a bit confusing. Here's what happened

Southern Cross Gold Consolidated will be ringing the bell on the ASX today at 3PM in Sydney, and while it is listed as a float, it’s a little more complicated than that @ today’s IPO is really arriving on a deferred settlement basis.In the simplest sense, this is a...

Dimerix signs up first patient for 'highly significant' paediatric clinical trial

Dimerix Limited (ASX:DXB), a Melbourne-based biopharmaceutical company, has started recruitment for its first paediatric patient for the Phase 3 ACTION3 clinical trial in a major next step for the research.The trial will investigate the efficacy of DMX-200 in children aged 12 to 17 with focal seg...

ASX Market Update: Index rises as unemployment meets expectations | January 16, 2025

The ASX200 has been up 1.35% at 8,325 points on reports of a slowdown in U.S. consumer prices and record profit from four of America’s big banks.

Tabcorp up more than 5% after appointing 'one of the world's most sought-after wagering executives'

Tabcorp Holdings Ltd has seen its share price rise after announcing the appointment of top wagering executive Michael Fitzsimons

Lachlan Star finds more thick, high-grade copper at Basin Creek

Lachlan Star Ltd has picked up further evidence of strong copper mineralisation through diamond drilling at its Basin Creek project

Global Lithium boardroom brawl spills into new year – and is only escalating

Global Lithium Resources (ASX:GL1) has pleaded with the Takeovers Panel to play umpire as the civil war inside the critical minerals explorer’s board rages on.Things hit another fiery gear this week after two board members, chairman Ron Mitchell and non-executive director Matt All...

Publication highlights strengths of Memphasys' antioxidant profiling system

Memphasys Ltd has seen a positive focus on its RoXsta antioxidant profiling system, through the publication of a manuscript on its qualities

Marmota quickly capitalises on 'bonanza' assays with 89-hole drilling run at new Muckanippie discovery

Marmota Ltd (ASX:MEU) is clearly not mucking around, with the company leaping into action at its new Muckanippie discovery less than 48 hours after landing @bonanza” heavy mineral concentrations in its January assays.The assays, described by Marmota on January 14 as both @ou...