Lithium Related Media Articles, page-28230

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rolly777

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05/06/25

16:27

Post #: 79333212
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Originally posted by sabine: ↑

https://www.afr .com/markets/equity-markets/asx-to-rise-s-and-p-500-edges-higher-despite-data-20250605-p5m526

The Australian sharemarket was treading water at midday as investors awaited the next catalyst to help drive the S&P/ASX 200 Index to a fresh peak.

The ASX 200 was up just 1.1 points to 8542.9 by lunchtime after opening up 0.2 per cent with five of the 11 sectors trading higher. The gauge came with 15 points of its record high on Wednesday after Commonwealth Bank topped $300 billion in market value for the first time.

In the US, the S&P 500 finished little changed as investors mulled the latest round of economic data – a surprise contraction in the US non-manufacturing sector for the first time in a year and a slowing of hiring across the private sector.

The data prompted traders to price in at least two rate cuts from the US Federal Reserve this year, which helped drive the Nasdaq higher. The sentiment helped the local tech sector with WiseTech Global was up 1.1 per cent.

Elsewhere, a rally in lithium stocks led the resources sector higher after US government granted American lithium miner Albemarle $US150 million ($230 million) to fund a new lithium processing facility.

On the ASX, Mineral Resources jumped 7.5 per cent and Liontown Resources climbed 4 per cent.

Rare earths stock Lynas leapt 8 per cent after major European car makers said China’s rare earths export controls were disrupting its supplier networks.

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They forgot to mention PLS up over 12 percent.

LTR Price at posting: 64.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 73.5¢		Change 0.035(5.00%)		Mkt cap ! $1.773B

Open	High	Low	Value	Volume
71.5¢	74.5¢	71.0¢	$4.580M	6.290M

Buyers (Bids)

No.	Vol.	Price($)
21	82068	73.0¢

Sellers (Offers)

Price($)	Vol.	No.
73.5¢	218974	29

View Market Depth

No.	Vol.	Price($)
19	76010	0.730
31	233795	0.725
23	402026	0.720
18	1287377	0.715
11	231332	0.710

Price($)	Vol.	No.
0.735	217307	29
0.740	868286	23
0.745	536021	23
0.750	813195	36
0.755	125197	7

Last trade - 11.59am 27/06/2025 (20 minute delay)

LTR (ASX) Chart

Lithium Related Media Articles, page-28230

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Lithium Related Media Articles, page-28230

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