Though the materials sector is still in the red, the Australian Securities Exchange (ASX) is up another 0.12% by 10.6 points to 8575.7 points at 10.10am (AEST), finishing off a record-breaking week.
Just 0.73% off its 52-week high set yesterday, the S&P/ASX200 sees the energy sector leading the charts up 1.71%, while materials is down 0.18% although miners are dominating the top of the gains list.
Genesis Minerals (ASX:GMD) is up 6.03% to $4.75, not long after its presentation announcement the other day.
Capricorn Metals (ASX:CMM) has risen 4.71%, to a trading price of $9.55, with Regis Resources (ASX:RRL) closely behind on a 4.24% increase to $4.92.
On the decline, Mineral Resources (ASX:MIN) has dropped 7.81% to $23.70, while Champion Iron (ASX:CIA) is down 6.24% to $4.21.
PLS (ASX:PLS), formerly Pilbara Minerals, has also seen a decrease of 5.96% to a trading price of $1.34.
The S&P/ASX200 is Australia’s leading share market index and contains the top 200 ASX-listed companies in terms of market capitalisation, and accounts for about 80% of the country’s equity market. The index is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.
It is recognised as the institutional investable benchmark in the country.
Write to Maddison Elliott at Mining.com.au
Images: iStock
