S&P/ASX 200 dips 0.27% as Trump, Biden face off in final election debate

Gold prices fell to US$1,902.57 per ounce, weighed by a stronger dollar, as investors kept a close watch on the ongoing final US presidential election debate.

TNT Mines Ltd -
US House Speaker Nancy Pelosi said on Thursday that negotiators were making progress on a coronavirus aid package

S&P/ASX 200 (INDEXASX:XJO) was down 0.27% to 6157 points at about 1.10 pm and is on track for its first weekly decline in three weeks.

Materials fell the most with the big miners weighing on the broader market with BHP Group (ASX:BHP) down 1.6% and Rio Tinto (ASX:RIO) falling 1.1%.

The tech sector is also down 1% with Wisetech (ASX:WTC) and NextDC (ASX:NXT) both losing more than 2%.

Financials are an exception with the big four banks all improving.

CleanSpace makes an impressive debut

Protective gear and respirator maker CleanSpace Holdings (ASX:CSX) has made an impact with its ASX debut today with shares rising 47% past the $6.50 mark this morning, giving the company a market cap of around $500 million.

CleanSpace, which designs, manufactures and sells workplace respiratory protection equipment for the healthcare and industrial markets, raised $131.4 million in its IPO.

Qantas (ASX:QAN) is trading about 1.81% higher with the airliner one of several companies to hold its AGM today.

Quotes from US election debate

Biden: "He's legitimized North Korea. He's talked about his good buddy (leader Kim Jong Un), who's a thug, a thug. And he talks about how we're better off when North Korea is much more capable of firing a missile that is able to reach U.S. territory. "

Trump: "You know what? North Korea - we're not in a war. We have a good relationship."

Biden: "We had a good relationship with Hitler before he in fact invaded Europe. Come on."

Top gainers

Today’s top gainers on the ASX include TNT Mines Ltd (ASX:TIN) (+25.00%), Engage:BDR Ltd (ASX:EN1) (+16.67%), Nanoveu Ltd (ASX:NVU) (+9.09%), Australian Vanadium Ltd (ASX:AVL) (+8.33%), VRX Silica Ltd (VRX) (+16.00%) and Rimfire Pacific Mining N L (ASX:RIM) (+10.00%).

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