Market Close: ASX eases up as staple sector shines

The Market Herald03-27

The ASX200 closed the day trading up just over half a per cent. The staples sector gained the most, up nearly 1.4 per cent, with healthcare and industrials not far behind expanding more than a per ...

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Osteopore, Lincoln Resources, Talisman Mining, BWP Trust, Newmark Property REIT and AnteoTech.Australian-Singaporean medicine company, Osteopore  has had a stand-out day as shares surged 330 per cent.OSX’s share price had spiked 992% to 71 cents by mid-morning.This is after the company told the market it had received approval for its orthopaedic products to be marketed across Singapore and Vietnam.Osteopore products treat bone reconstruction and general bone grafting procedures.The approval is vital for the company as it expands its presence in the Asian markets.Talisman Mining  shares jumped 40 per cent, on news it intersected multiple zones of sulphides in its follow-up program of Reverse Circulation  a","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"NPR.AU":"Newmark Property REIT","BK4110":"抵押房地产投资信托","BK7126":"医疗保健用品","LML.AU":"LINCOLN MINERALS LTD","ADO.AU":"AnteoTech Ltd","BWP.AU":"BWP TRUST","BK7036":"特种化学制品","BK7048":"生命科学工具和服务","BK7095":"多种金属与采矿","BK7501":"新冠治疗股","BK7162":"零售房地产信托","RC":"Ready Capital Corp","TLM.AU":"TALISMAN MINING LTD","BK7005":"零售业房地产投资信托","BK7508":"医药生物股","OSX.AU":"Osteopore"},"translate_title":"收盘：ASX股市走软，主食板块大放异彩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADO.AU":1,"BWP.AU":1,"LML.AU":1,"NPR.AU":1,"OSX.AU":1,"RC":1,"TLM.AU":1},"content_text":"The ASX200 closed the day trading up just over half a per cent.\nThe staples sector gained the most, up nearly 1.4 per cent, with healthcare and industrials not far behind expanding more than a per cent.\nIT lost the most ground, down .63 of a per cent.\nSome of the movers and shakers were; Osteopore, Lincoln Resources, Talisman Mining, BWP Trust, Newmark Property REIT and AnteoTech.\n(In the green) \nOSX\nAustralian-Singaporean medicine company, Osteopore (ASX:OSX) has had a stand-out day as shares surged 330 per cent.\nOSX’s share price had spiked 992% to 71 cents by mid-morning.\nThis is after the company told the market it had received approval for its orthopaedic products to be marketed across Singapore and Vietnam.\nOsteopore products treat bone reconstruction and general bone grafting procedures.\nThe approval is vital for the company as it expands its presence in the Asian markets.\nOSX closed the day at 28 cents.\nLML\nLincoln Resources (ASX: LML) shares gained 6.25 per cent on its recent drilling results at its Kookaburra Gully graphite project in South Australia.\nDrilling eleven holes in total the company hit intercepts of up to 30.5 percent total graphite content (TGC).\nThe strike at Kookaburra Gully has been extended from 50m to 630m.\nThe company aims to update its mineral resource estimate for the deposit by April this year.\nLML close the day at 0.8 cents.\nTLM\nTalisman Mining (ASX: TLM, Talisman) shares jumped 40 per cent, on news it intersected multiple zones of sulphides in its follow-up program of Reverse Circulation (RC) and Diamond drilling at its Durnings Prospect in central NSW.\nDiamond hole drilling intersected two zones of strong lead-zinc-copper mineralisation\nAn additional 11 Reverse Circulation drill-holes have been completed to test strike, with First assays expected in 2-3 weeks.\nTLM closed the day at 24.5 cents.\n(In the red)\nBWP\nReal estate investment company, BWP Trust (ASX:BWP) shares lost 1.25 per cent, on its off-market takeover offer of Newmark Property REIT (ASX:NPR).\nThe offer entails BWP aiming to acquire 100% of the shares in Newmark REIT Management under the Sale and Purchase Agreement.\nBWP’s management team has wasted little time, having already made changes to the directors of NPR, including the removal of Mark Allan, Christopher Langford, Andrew Erikson, and Melinda Snowden and the appointment of Fiona Harris and Mark Scatena to replace them.\nBWP has changed the name of NRML to ‘NPR Management Limited’ and aims to enhance its earnings in the real estate sector through this acquisition.\nBWP closed the day at $3.57.\nNPR shares fell point seven per cent, to $1.43.\nADO \nAnteoTech (ASX: ADO) shares dropped more than five per cent after it announced it has received funding of up to $1.39 million under the Queensland Critical Minerals and Battery Technology Fund.\nFunding will support the delivery of AnteoTech’s Generation 1 Ultra High Silicon Anode programme\nADO closed the day at 3.7 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; 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