The ASX 200 has handed back some of its mid-morning gains to settle at 7,968 points so far on Monday; a 0.2% gain on Friday’s below-8,000-pt close.
Looking at sectors, Energy has been up the most, +1.43% higher, while Materials and IT followed nearly 1% up. Healthcare has been the biggest laggard, dipping 0.33%, while Communication was just behind, -0.32%.
Star Entertainment (ASX:SGR) is among the top trending stocks on HotCopper forums today as U.S. casino operator Bally Corporation circles as a potential buyer.
Also closely watched – and heavily discussed – is Boss Energy (ASX:BOE) which just signed an earn-in agreement with Eclipse Metals (ASX:EPM) to work on the Northern Territory-based Liverpool Project together to 2029.
Boss has sold -2.4% lower today, to around $2.24 a share. Eclipse is up +20%.
Finally, New Murchison Gold (ASX:NMG) has got chins wagging on the forums after finding visible gold intersecting its diamond drilling at Crown Prince.
NMG has gained +21% today to trade at around 1.2cps.
That’s HotCopper’s Market Update – we’ll see you later for market close.
More market news
Together: The U.S. has suspended aid to Ukraine. Will Europe step into the breach?
Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please clickhere.