TMH Market Close: ASX closes higher, health care and consumer staples up the ranks


The ASX closed at 7294.9 points, gaining 43.7 points. Health care and consumer staples made it to the top of the list today.

In the green

True North Copper (TNC) skyrocketed higher, closing with a 391 per cent gain.

The company began trading on the ASX today, under ticker code TNC, following its merger with Duke Exploration.

Another gainer on Monday was Clean Teq Water (CNQ), recording increases of up to 21 per cent. Earlier this month, the company made a technological breakthrough in water filtration that will address some of the current $1.2 billion per annum market size of nanofiltration. The company’s shares were last trading at 28.5 cents.

Augustus Minerals (AUG) also saw increases of up to 17 per cent after announcing on Friday that it will be pursuing multi-mineral discoveries in WA’s Gascoyne mining hotspot.

In the red

In other ASX news, Openn Negotiation (OPN) recorded a loss of 60 per cent on Monday, after announcing a $3.19 capital raise on Friday, along with a board restructure.

Parkd (PKD) also fell 25 per cent today, bringing its share price down to 2.4 cents.

Noxofarm (NOX) tumbled 13 per cent after the company announced its registered office and principal place of business in NSW have changed.


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