Market Close: ASX has a red sector day on reports of Israeli strikes on Iran

The Market Herald04-19

The ASX200 has seen red, closing down 0.98% as reports of Israel launching retaliatory attacks on Iran ripped through global markets on a fateful Friday. All the sectors are in the red, IT fell the ...

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It will limit the number of bitcoins in the market, making them more valuable.\nCryptocurrency exchange platform, Swyftx lead market analyst Pav Hundal, said, “It’s a monumental event that comes once every 4 years and has historically had a profound impact on the price of Bitcoin and the wider cryptocurrency market.”\n(In the green)\nEXR\nElixir Energy (ASX:EXR) is up 13% on an operations update at its Grandis project, in Queensland.\nThe program will have six separate stages, targeting two coal zones, three tight gas zones and the Lorelle Sandstone.\nFlow testing will follow straight after.\nEXR closed the day at 13 cents.\nMMA\nMaronan Metals (ASX:MMA) gained 4.8%, after it responded to the ASX’s query about an announcement released on Monday, regarding unquoted securities.\nMMA closed the day at 32.5 cents.\nBGD\nAnd, Barton Gold (ASX:BGD) edged up 7.41% after it announced its latest share purchase plan (SPP), intended to raise $1 million, was exceeded by 300%. \nThe company accepted $2.25 million in applications and a further 9.37 million new shares will be issued.\nThe company has eligible applications to raise $3.15 million. Shares will be issued on Tuesday next week.\nBGD has been trading at 29 cents.\n(In the red)\nRNU\nRenascor Resources (ASX:RNU) fell nearly 7.6 per cent, despite a series of positive announcements, including a finalised Indigenous Land Use Agreement (ILUA) with the Barngarla Determination Aboriginal Corporation RNTBC (BDAC) and an approved a $185 million loan from the Australian Government’s $4 billion Critical Minerals Facility.\nThis will support Renascor’s proposed vertically integrated Battery Anode Manufacturing Project in South Australia, known as the Siviour Graphite Project.\nRNU closed the day at 9.7 cents.\nLRV\nLarvotto Resources (ASX:LRV) has dipped almost 6%, despite raising $2 million to accelerate development studies and exploration at the recently acquired Hillgrove gold-antimony project in New South Wales.\nFunds will accelerate project activities including metallurgical and processing studies and general working capital.\nLRV closed the day at 8.4cents.\nPLS\nAnd, Pilbara Minerals (ASX:PLS) fell 2.3% on its March quarter FY24, reporting cash balance quarter on quarter was down to $1.8 Billion from $2.1 Billion in the December quarter. \nPLS has been trading at $3.83.\nThat’s market close, have a good weekend, we’ll see you for market open on Monday.","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/2428652689"}