ASX Market Update: Index pulls back in thin volumes | November 29, 2024

ASX News Market Summary
29 Nov 2024 13:44 (AEDT)

The ASX200 has been down 0.35% at 8,415 points.

The market is trading in light volumes in response to the Thanksgiving Day holidays in the US.

All major banks are down today and ANZ is the weakest, down 0.9% at $31.23.

All sectors except IT are in the red and Health Care is the biggest loser, down 0.6%, followed by Telecommunication and Financials, both down around 0.5%.

Company News

Invictus Energy (ASX:IVZ) has been up 6.1% after completion of independent review of its Petroleum Production Sharing Agreement (PPSA) for its project in Zimbabwe. The company says this marks a significant milestone toward its execution.

Invictus Energy has been 6.9 cents.

MTM Critical Metals (ASX:MTM) has been up 39% on news of a strategic partnership with New York-based Indium Corporation, a major supplier of specialty technology metals, including gallium, germanium, and indium.

MTM Critical Metals has been 8.8 cents.

Titan Minerals (ASX:TTM) has been up 2.1% after hitting a brief trenching intersection only two metres in width, but from surface and at 32g/t gold at its Dynasty Gold Project in Ecuador. The results were less than 10m in width and pulled from extensional areas.


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