The ASX200 closed down 0.1% at 8,436 points.
The Australian Competition and Consumer Commission has given Virgin Australia the green light to kick off ticket sales on Qatar Airways operated flights from Australia. This will effectively double the number of flights Qatar will fly into and out of Australia from June 2025.
Materials has been the strongest performing sector, up 0.8%, followed by IT, up 0.5% and Energy, up 0.1%.
Real Estate was the worst performer, down 0.75%, followed by Industrials and Telecommunication, both down around 0.5%.
In the Green
SG Fleet Group (ASX:SGF) closed up 1.85% on news of an extension to discuss a potential transaction with Pacific Equity Partners.
SG Fleet Group closed at $3.31.
Adavale Resources (ASX:ADD) closed up 20% after securing a 72.5% interest in the Parkes Gold and Copper Project in New South Wales. The tenement is in the highly prospective Lachlan Fold Belt, known for its gold and copper potential.
Adavale Resources closed at point three of a cent. ($0.003)
Webjet Group (ASX:WJL) bounced back today and finished up 8.97% after it emerged yesterday the ACCC had commenced proceedings against the firm. The financial ramifications are not yet clear, and the company continues to co-operate with the regulator.
Webjet closed at 85 cents.
In the Red
Findi (ASX:FND) closed down 23.74% on release of its half year results. The company reported a 6.6% increase in revenue to $33.9 million and a 2.4% lift in EBITDA to $12.9 million.
Findi finished the day at $5.91.
Aurum Resources (ASX:AUE) closed down 7.41% after acquiring an 80% interest in the Ivory Coast-based Boundiali Gold Project (BGP).
Aurum Resources closed at 37.5 cents.
And Woolworths (ASX:WOW) closed down 0.56% after insisting the strike action of 1500 workers across New South Wales and Victoria is not affecting stock levels in its supermarkets. The workers are pursuing better pay and conditions, and the company says all stores are still receiving regular stock.
Woolworths wrapped up at $30.18.
