Market Update: ASX trades flat as materials leads the market

The Market Herald03-05

The ASX200 is trading flat this afternoon, up just .10 of a per cent in line with futures predictions. Materials and healthcare are the only sectors really bucking against the trend both up over 1 per...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2417110431?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-05 11:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2417110431","market":"us","top_or_hot":-1,"title":"Market Update: ASX trades flat as materials leads the market","media":"The Market Herald","content":"<div>\n<p>The ASX200 is trading flat this afternoon, up just .10 of a per cent in line with futures predictions.\nMaterials and healthcare are the only sectors really bucking against the trend both up over 1 per...</p>\n\n<a href=\"https://themarketonline.com.au/market-update-asx-trades-flat-as-materials-leads-the-market-2024-03-05/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Update: ASX trades flat as materials leads the market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Update: ASX trades flat as materials leads the market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-05 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/market-update-asx-trades-flat-as-materials-leads-the-market-2024-03-05/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 is trading flat this afternoon, up just .10 of a per cent in line with futures predictions.\nMaterials and healthcare are the only sectors really bucking against the trend both up over 1 per...</p>\n\n<a href=\"https://themarketonline.com.au/market-update-asx-trades-flat-as-materials-leads-the-market-2024-03-05/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7501","symbol_name":"新冠治疗股","start_time":0,"source_url":"https://themarketonline.com.au/market-update-asx-trades-flat-as-materials-leads-the-market-2024-03-05/","article_id":"2417110431","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2417110431","pubTimestamp":1709610600,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 is trading flat this afternoon, up just .10 of a per cent in line with futures predictions.Materials and healthcare are the only sectors really bucking against the trend both up over 1 per cent with industrials and financials also notching small gains.In local macroeconomic news – Australia’s current account balance is up by $10.5 billion to return to a surplus of $11.8 billion for the December 2023 quarter, mostly driven by mining commodities exports.China’s yearly ‘Two Sessions’ government policy meetings are also underway with the government inking a 5% GDP growth target for 2024, as well as plans to boost the EV market.In this bulletin, we’ll look at news from Healius, Lucapa Diamond Company, Alara Resources, and Income Asset Management.Diagnostics leader Healius  is up more than 13 per cent on its CEO’s resignation.Harmonising with the materials sector’s gains today, Lucapa Diamond Company  is up more than 5 per cent after unearthing two diamonds weighing over 100 carat","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7501":"新冠治疗股","BK4544":"ARK ETF合集","IAM.AU":"Income Asset Management Group Ltd","BK7091":"特殊金融服务","BK7509":"中概股","ARKG":"ARK Genomic Revolution ETF","BK4585":"ETF&股票定投概念","HLS.AU":"HEALIUS LTD","BK7124":"保健护理服务","AUQ.AU":"ALARA RESOURCES LTD","BK7095":"多种金属与采矿"},"translate_title":"市场更新：ASX交易持平，材料引领市场","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKG":1,"AUQ.AU":1,"HLS.AU":1,"IAM.AU":1},"content_text":"The ASX200 is trading flat this afternoon, up just .10 of a per cent in line with futures predictions.\nMaterials and healthcare are the only sectors really bucking against the trend both up over 1 per cent with industrials and financials also notching small gains.\nIn local macroeconomic news – Australia’s current account balance is up by $10.5 billion to return to a surplus of $11.8 billion for the December 2023 quarter, mostly driven by mining commodities exports.\nChina’s yearly ‘Two Sessions’ government policy meetings are also underway with the government inking a 5% GDP growth target for 2024, as well as plans to boost the EV market.\nIn this bulletin, we’ll look at news from Healius, Lucapa Diamond Company, Alara Resources, and Income Asset Management.\nCompany news\nDiagnostics leader Healius (ASX:HLS) is up more than 13 per cent on its CEO’s resignation.\nMaxine Jaquet – who stepped in as CEO and Managing Director – resigned after less than a year in the role – and the company’s CFO, Mr Paul Anderson will take over immediately.\nTraders will be watching to see if this move makes the stock more appealing to brokers. Currently, none rate the stock a Buy.\nHLS has been trading at 9.8 cents.\nHarmonising with the materials sector’s gains today, Lucapa Diamond Company (ASX:LOD) is up more than 5 per cent after unearthing two diamonds weighing over 100 carats each at the Lulo Mine in Angola.\nA 162 carat diamond was found first, followed by the discovery of the 116 carat diamond the very next day.\nLOD has been trading at 10 cents.\nAlara Resources (ASX:AUQ) has kickstarted copper concentrate production at its JV Copper-Gold Mine in Oman after years of hard work.\nThe company is expected to deliver and ship 1,000 dry metric tonnes by as early as April to a global commodities giant.\nAUQ has been trading at 3.7 cents.\nAnd Income Asset Management (ASX:IAM) has appointed a New Head of Finance to lead the division.\nJerome Jones, has been internally promoted to the position today following the departure of CFO Clare Power.\nJones boasts over 25 years’ experience in roles across many ASX-listed companies.\nIAM has been trading at 9 cents.\nThat’s news for now. We’ll have a final wrap after Market Close.","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/2417110431"}