The Australian Securities Exchange (ASX) is down 5.4 points this morning (11 July) after yesterday’s highs, falling to 8,583.8 points at 10.25am (AEST).
While the S&P/ASX200 reports the materials sector down 1%, mining companies are leading the gains list, filling the top five positions on the broader index.
Iluka Resources (ASX:ILU) is up a whopping 20.35% this morning, jumping its share price to $0.81, after a change in its substantial holding yesterday.
Lynas Rare Earths (ASX:LYC) is following closely behind with a 18.75% boost in value to a trading price of $9.85 after naming the release date of its upcoming quarterly report for the period ending 30 June 2025.
Backed by Gina Rinehart, Liontown Resources (ASX:LTR) is up 6.25% to $0.05 with no news.
Mineral Resources (ASX:MIN) and PLS (ASX:PLS) have just made the charts with a 6.37% and 5.57% increase to share prices of $27.13 and $1.61 respectively.
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: Australian Securities Exchange
