Market Update: ASX200 flat as inflation holds at two-year low

The Market Herald02-28

The ASX200 has been trading quite flat. The IT sector has surged, up more than 2 per cent, while telecommunications is struggling, shedding about a per cent. The Australian Bureau of Statistics (ABS) ...

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The company posted strong Q4 2023 sales of its flagship drug DAYBUE to US$87.1 million.\nDespite this, Neuren shares have slumped 12 per cent. \nThis could be linked to a recent incident where Neuren shares plunged following a report from US short-selling firm Culper Research, accusing Neuren partner Acadia of dishonest reporting.\nNEU had been trading at $18.77.\nIntegrated technology company Orcoda (ASX:ODA) has welcomed Maree Adshead as an independent Non-Executive Director. \nShe holds more than 30 years of board and advisory experience in Australia, and she currently serves as Chair at Turbine Sunshine Coast and was the CEO of Eco-Markets Australia.\nODA had been trading at 25.5 cents.\nAugustus Minerals (ASX:AUG) geotechnical teams are set to begin fieldwork at its Ti-Tree Shear project in Western Australia, in which 4000 soil samples have been gathered.\nThe company’s exploration focus is on gold, lithium, and copper, and underexplored sections within the Ti-Tree zone. Completion is expected by Q2 FY24.\nAUG had been trading at 4.1 cents.\nLittle Green Pharma (ASX:LGP) has shipped its first batch of its Desert Flame cannabis flower products to Poland.\nThis follows a three-year process, with Polish Marketing Authorisation from a health regulator, and will be distributed by LGP’s partner, Medezin.\nLGP is the first Australian company to enter the Polish cannabis market.\nLGP had been trading at 14.5 cents.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2414128366"}