Yesterday’s market positivity continues to drive gains on the Australian Securities Exchange (ASX), as the bourse pushes even higher today (30 October).
The S&P/ASX 200 gained another 44.40 points by around 1:00pm AEDT, lifting the index up 0.50% to a total of 8,936.20 points.
The index has gained 1.60% over the last five days and sits 3.88% off its 52-week high.
While eight of the 11 sectors are performing well, the Materials sector remains in the red.
Materials lost 0.60% today following a 0.23% decline at around this time yesterday, as reported by Mining.com.au.
A new group of resources companies features on the top decliners list today, including Catalyst Metals (ASX:CYL) and Sunrise Energy Metals (ASX:SRL).
Catalyst is down 20.92%, while Sunrise Energy has dropped 9.44%.
Meanwhile, Rio Tinto (ASX:RIO) lost 1.37% today, while BHP Group (ASX:BHP) managed a 0.18% gain.
Juniors on the rise
Krakatoa Resources (ASX:KTA) is performing well in intraday pricing, climbing 11.11% to a share price of $0.005.
The company released its quarterly activities report today.
Krakatoa has 2.01 billion shares on issue and a market capitalisation of $9.05 million.
Western Mines Group (ASX:WMG) is following closely behind, with a 10.71% increase at this time. The company was present at the recently-concluded International Mining and Resources Conference + Expo (IMARC) in Sydney.
The company has 130.37 million shares on issue and a market capitalisation of $18.25 million.
Meanwhile, a top contender yesterday continues its rise today.
Ark Mines (ASX:AHK) has jumped another 6% with shares trading at $0.265 each, following yesterday’s Scoping Study announcement for the Sandy Mitchell Rare Earths Project.
The company has 72.33 million shares on issue and a market capitalisation of $18.08 million.
Zeotech (ASX:ZEO) is sitting 3.07% higher in today’s trading session.
Shares are currently trading at $0.067 each, representing a $0.002 increase in its share price from yesterday’s closing price.
Zeotech has 2.057 billion shares on issue and a market capitalisation of $133.72 million.
Finally, Metro Mining (ASX:MMI) has increased its share price by 2.59% to $0.79 per share.
The company has 308.76 million shares on issue and a market capitalisation of $237.75 million.
Write to Maddison Elliott at Mining.com.au
Main image: Unsplash
