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S&P/ASX 200 gives up early gains to dip 0.41%

Brent crude oil fell more than 3% to US$37.65 on Thursday, extending the previous day’s sharp decline on the potential impact renewed COVID-19 lockdowns will have on oil demand.

Cauldron Energy Ltd - S&P/ASX 200
Spot gold was flat at US$1,867.30 per ounce

S&P/ASX 200 (INDEXASX:XJO) rose by as much as 0.4% in early trade but has given up its gains to fall 0.41% to 5936 by about 1.30 pm.  

The index is on track for a 3% fall this week, the worst week since late April but the monthly performance in October is more positive, with a near 2.5% rise.

Most of the sectors are in the red with industrials and IT among the largest decliners.

Top gainers

Today’s top gainers on the ASX include Cauldron Energy Ltd (ASX:CXU) (+8.93%), Cardiex Ltd (ASX:CDX) (+12.20%), Nanoveu Ltd (ASX:NVU) (+8.93%), Linius Technologies Ltd (ASX:LNU) (+8.70%), Australian Vanadium Ltd (ASX:AVL) (+10.00%), Eclipse Metals Ltd (ASX:EPM) (+12.50%) and Rimfire Pacific Mining N L (ASX:RIM) (+10.00%).

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