leadf
logo-loader

S&P/ASX 200 trades near flatline as Sydney property prices hit record high

Brent crude gained 0.56% to settle at US$67.90 per barrel on Wednesday as upbeat forecasts for global economic recovery supported prices.

Alta Zinc Ltd - S&P/ASX 200
The US bond market digested a US$38 billion auction of 10-year Treasury bonds without a spike in volatility.

S&P/ASX 200 (INDEXASX:XJO) was trading near the flatline with a 0.15% fall by about 1.50 pm as Sydney property prices are back above the peak last hit in 2017 and currently sit at record highs, according to CoreLogic data.

This follows a 15% fall in prices between July 2017 and May 2019.

Source: www.corelogic.com.au

Iron ore stocks were continuing to decline, with BHP Group Ltd (ASX:BHP) shares falling 1.39% after iron ore prices eased 6.1% on Wednesday.

The technology sector was also struggling, down 2.17% with Afterpay (ASX:APT) declining 2.7% to $112.17.

Top gainers

Today’s top gainers on the ASX include Alta Zinc Ltd (ASX:AZI) (+20.00%), Anteris Technologies Ltd (ASX:AVR) (+11.54%), Carnavale Resources Limited (ASX:CAV) (+12.50%), Domacom Australia Ltd (ASX:DCL) (+13.40%), MGC Pharmaceuticals Ltd (ASX:MXC) (+10.00%), Nanoveu Ltd (ASX:NVU) (+10.00%) and West Wits Mining Limited (ASX:WWI) (+12.82%).

Proactive news headlines:

Antipa Minerals identifies 12 new targets for Wilki farm-in exploration in Paterson Province

Antipa Minerals Ltd (ASX:AZY) has identified new targets for exploration at the Wilki farm-in Project with Newcrest Mining Ltd (ASX:NCM) in the Paterson Province in Western Australia off the back of new 2020 drill results.

MMJ Group investees raise equity as cannabis continues to be a bullish sector

MMJ Group Holdings Ltd’s (ASX:MMJ) publicly listed portfolio companies have taken advantage of continued positive news on the regulatory front for cannabis.

Imguene to present on CF33 and HER-Vaxx immunotherapy programs at American Association for Cancer Research annual meeting

Imugene Ltd (ASX:IMU) (OTCMKTS:IUGNF) will present on two key novel immunotherapies that seek to activate the immune system of cancer patients to treat and eradicate tumours - the CF33 oncolytic virus program and HER-Vaxx cancer immunotherapy program - at the American Association for Cancer Research (AACR) 2021 annual meeting in April.

VRX Silica plans grade control drilling to upgrade Arrowsmith North resource as mining preparations continue

VRX Silica Ltd (ASX:VRX) will begin a 130-hole aircore grade control drilling program later this month aimed at upgrading the 11.3 million tonnes resource at Arrowsmith North Silica Sand Project around 270 kilometres north of Perth in Western Australia.

Nanoveu higher as it gains further international momentum for antiviral protection technologies

Nanoveu Ltd’s (ASX:NVU) suite of NanoshieldTM antiviral protection technologies continue to develop international momentum with further in-bound enquiries leading to a growing list of international distribution partners.

Mako Gold intersects further wide high-grade gold at Tchaga prospect on path to maiden resource

Mako Gold Ltd (ASX:MKG) has intersected further wide high-grade gold during ongoing drilling at Tchaga prospect within the flagship Napié Project in Côte d’Ivoire enhancing the company's plan to outline a maiden resource at the prospect.

Marvel Gold enhances relationships with local Malian communities through social investment

Marvel Gold Ltd (ASX:MVL) (FRA:GR2) has completed and commissioned the first community initiative in Mali since beginning exploration at Tabakorole with the installation of a solar-powered water pump and elevated water tank storage for the village of Tabakorole.

Alto Metals well funded with around $7.8 million in cash after raising $2.1 million from conversion of options

Alto Metals Ltd (ASX:AME) has received $2.1 million in cash and issued 30 million fully paid new company shares through the conversion of 30 million unlisted options at an issue price of 7 cents per share.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Nanollose consultant Carla Woidt anticipates big demand for its tree-free...

Proactive speaks to Nanollose Ltd (ASX:NC6)'s Carla Woidt who joined the firm as a fashion consultant to assist in further building its established relationships in the Australian and global fashion industry as well as its commercialisation and implementation strategy. Nanollose is...

2 hours, 43 minutes ago

4 min read