ASX health stocks take a weekly dip
ASX health stocks have fallen in the week ending June 6, but Morgans says the market is looking fairly positive at the year’s halfway point.
ASX health stocks have fallen in the week ending June 6, but Morgans says the market is looking fairly positive at the year’s halfway point.
The ASX rose early then wobbled at lunch. Trade talks boosted miners, but lithium dipped and Tesla copped a beating in a shaky global session.
The ASX rose 0.04pc in early trading, supported by gains in the Energy sector as erupting Musk-Trump tensions drove Wall Street lower.
As the once ‘alternative’ asset that is private credit becomes a portfolio staple, distinguishing risk from opportunity – and fact from fiction – remains a key challenge.
QX Resources is farming out 75% of the iron ore rights of its Western Shaw project in WA’s Pilbara region.
The ASX has dipped a tad after inching toward record highs earlier. Lynas is riding a rare earths tailwind, while IperionX has scored a major Pentagon deal.
Early geological logging supports the interpretation of a single, continuous mineralised trend running more than 1.5km between Block 3 West and East.
The ASX has risen 0.28pc in early trading, buoyed by gains in the Info Tech sector as positive sentiment from US semiconductor stocks spills over.
Relative to drug developers, medical device makers have outperformed amid the turmoil of the Trump administration’s healthcare reforms.
Caprice Resources has raised $7m through a placement to fund drilling at its Island and Cuddingwarra gold projects.
Asra Resources has welcomed a highly experienced geological consultant to its technical team as CEO Paul Stephen transitions to MD.
Taruga Minerals is narrowing down potential lead and silver drill targets at the Thowagee polymetallic project in WA.
Trek Metals is preparing to start drilling at its Christmas Creek gold project in Western Australia.
Compumedics has received endorsements from two equity research firms — East Coast Research and PAC Partners.
Original URL: https://www.thechronicle.com.au/business/stockhead/page/3