Daily Market ASX Close: the ASX closes red as Energy drags down market | June 4, 2024

The ASX200 closed the day in the red, down 0.3%. It was a rough day for the Energy sector, falling 1.6%, with Materials down 0.9%. The Financial and Staples sectors were the only ones that pushed into the green, both up around 0.2%.

ACDC discovers new heavy minerals strandline at Watchem North in Vic

ACDC Metals Ltd has identified a new strandline named Venice Beach through drilling at its Watchem North project in Victoria.

Optiscan's unveils InVue for better insights and decision-making during surgery

Optiscan has unveiled InVue,  a new microscopic medical imaging device designed to enable precision surgery by putting real-time digital pathology into the hands of surgeons.

Wealth Within says cash is King when it comes to EML payments

Wealth Within senior analyst Filip Tortevski has been eyeing some big gun miners whose stock has been falling for a while now, contemplating the historic value of blue chips which tend to rebound spectacularly when the market improves.None of these household names, however, are Wealth Within&Clos...

Farm Pride Foods the latest ASX stock hit by onshore bird flu spread; 8% of birds to go

Days after Inghams got slammed by reports of bird flu – despite proclaiming it hadn't been affected – another stock isn't so lucky.

Daily Market ASX Update: Waning profits suppress index | June 4, 2024

The ASX200 responded well to the latest corporate profits data from the ABS, but not enough to push the market into the green.In March, Australia’s gross corporate profits fell -2.5%, far below analyst estimates of just -0.9% for the month.This fresh evidence of a cooling economy ...

Corporate profits miss buoys ASX200 & why are iron ore and brent crude so low?

The ABS has released its latest private sector data tranche for March 2024, and here's an interesting tidbit for energy shareholders.

Drilling doubles gold-copper mineralisation zone at GEO-01 for Antipa

Antipa Minerals Ltd has announced it has doubled the mineralisation zone of its GEO-01 target in Western Australia through drilling.

Lithium Universe inks final layout for Becancour lithium plant as DFS rolls on

Lithium Universe (ASX:LU7) has dried the virtual ink on a 3D layout for its Becancour lithium refinery in Canada.