S&P/ASX 200 (INDEXASX:XJO) is trading higher for a fifth day, lifting by 1% to 6,997 points by 1.05 pm with iron ore miners and banks making strong gains.
The index rose above 7,000 points and hit a 13-month high earlier in the day. S&P/ASX 200 is now only a little over 3% away from its pre-COVID record highs.
Imugene (ASX:IMU) gained 1.6% after lifting by 19.2% on Wednesday following the announcement of progress for a clinical trial of a cancer treatment yesterday.
Western Areas (ASX:WSA) rose 4.7% after recording a 20% quarter on quarter lift in total nickel mined and a 27% rise in mined ore grade over the March quarter.
Today’s top gainers on the ASX include Alta Zinc Ltd (ASX:AZI) (+16.67%), Ansila Energy NL (ASX:ANA) (+11.54%), Carnavale Resources Limited (ASX:CAV) (+12.50%), Elementos Limited (ASX:ELT) (+10.00%), Golden State Mining Ltd (ASX:GSM) (+11.11%), Kneomedia Ltd (ASX:KNM) (+12.50%) and PNX Metals Ltd (ASX:PNX) (+14.29%).
Proactive news headlines:
Theta Gold Mines higher on delivering maiden 490,000-ounce underground high-grade gold reserve
Theta Gold Mines Ltd (ASX:TGM) (OTCMKTS:TGMGF) is trading higher after delivering a maiden underground mining reserve for the high-grade TGME Underground Project in South Africa - 490,000 ounces of gold at 5.49 g/t gold.
Archer Materials developing a biochip one-billionth of a metre long to help detect respiratory disease
Archer Materials Ltd (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) has begun developing biochip components that are less than 10 nanometres in size - for reference, the average human hair is around 75,000 nanometres wide.