LTR liontown resources limited

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sabine

20,739 Posts.

4523

05/06/25

21:19

Post #: 79337091
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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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Anyone want to find the TRULY RULY FAKE NEWS in the snippet in my post above?
Here’s a hint ; https://www.reuters.com/business/en...-work-us-lithium-refinery-project-2025-05-01/

DYOR?
cheers

Last edited by sabine: 05/06/25

LTR Price at posting: 64.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 66.5¢		Change -0.040(5.67%)		Mkt cap ! $1.615B

Open	High	Low	Value	Volume
69.5¢	72.0¢	66.0¢	$6.474M	9.426M

Buyers (Bids)

No.	Vol.	Price($)
21	270255	66.0¢

Sellers (Offers)

Price($)	Vol.	No.
67.0¢	12900	1

View Market Depth

No.	Vol.	Price($)
19	240255	0.660
10	182792	0.655
23	248919	0.650
7	285602	0.645
11	226601	0.640

Price($)	Vol.	No.
0.670	12900	1
0.675	140000	9
0.680	40000	2
0.685	200036	6
0.690	198790	6

Last trade - 16.10pm 16/06/2025 (20 minute delay)

LTR (ASX) Chart

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