Market Close: ASX steams uphill to deliver slim gains to the station

The Market Herald05-02

The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%. In the green BB1 ...

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/2432641251?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-02 15:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2432641251","market":"hk","top_or_hot":-1,"title":"Market Close: ASX steams uphill to deliver slim gains to the station","media":"The Market Herald","content":"<div>\n<p>The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%.\nIn the green\nBB1\n...</p>\n\n<a href=\"https://themarketonline.com.au/market-close-asx-sweats-on-uphill-slog-to-deliver-slim-gains-to-the-station-2024-05-02/\">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 Close: ASX steams uphill to deliver slim gains to the station</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 Close: ASX steams uphill to deliver slim gains to the station\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-02 15:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/market-close-asx-sweats-on-uphill-slog-to-deliver-slim-gains-to-the-station-2024-05-02/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%.\nIn the green\nBB1\n...</p>\n\n<a href=\"https://themarketonline.com.au/market-close-asx-sweats-on-uphill-slog-to-deliver-slim-gains-to-the-station-2024-05-02/\">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":"VRX.AU","symbol_name":"VRX Silica Ltd","start_time":0,"source_url":"https://themarketonline.com.au/market-close-asx-sweats-on-uphill-slog-to-deliver-slim-gains-to-the-station-2024-05-02/","article_id":"2432641251","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432641251","pubTimestamp":1714633380,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%.Digital healthcare pioneer BlinkLab  is up 5%, on its partnership with US-based Turning Pointe Autism Foundation to conduct a clinical study on autism diagnostics ahead of its FDA registration study later this year.The study aims to enroll up to 100 children previously diagnosed with autism and 100 children without autism.BlinkLab is hoping to integrate its neuro-behavioral tests into the foundation’s programs.Australian cotton processor Namoi Cotton  gained 12.5% as two agribusiness giants – one French and the other Singaporean – compete with takeover offers for the company, which first began in March.And, Data insights businessPEXA Group gained 11% as it plans to further its strategic partnership with UK-focused banking organisation, NatWest.Leading provider of vehicle parts, Bapcor  was one of the biggest lose","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"VRX.AU":"VRX Silica Ltd","WOW.AU":"WOOLWORTHS GROUP LTD","BK7094":"医疗保健技术","BAP.AU":"BAPCOR LTD","BK7004":"房地产服务","PXA.AU":"PEXA Group Ltd","BK7511":"ESG概念","BK7086":"经销商","BK7095":"多种金属与采矿","NAM.AU":"NAMOI COTTON LTD","BK7064":"综合支持服务","BK7501":"新冠治疗股","BB1.AU":"Blinklab Ltd","BK7040":"食品零售"},"translate_title":"收盘：ASX上坡，为该站带来微弱收益","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAP.AU":1,"BB1.AU":1,"NAM.AU":1,"PXA.AU":1,"VRX.AU":1,"WOW.AU":1},"content_text":"The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%.\nIn the green\nBB1\nDigital healthcare pioneer BlinkLab (ASX:BB1) is up 5%, on its partnership with US-based Turning Pointe Autism Foundation to conduct a clinical study on autism diagnostics ahead of its FDA registration study later this year.\nThe study aims to enroll up to 100 children previously diagnosed with autism and 100 children without autism.\nBlinkLab is hoping to integrate its neuro-behavioral tests into the foundation’s programs.\nBB1 closed the day at 32.5 cents.\nNAM\nAustralian cotton processor Namoi Cotton (ASX: NAM) gained 12.5% as two agribusiness giants – one French and the other Singaporean – compete with takeover offers for the company, which first began in March.\nThe Singaporean company, Olam Agri’s, position has been boosted by a letter of support from Samuel Terry Asset Management (STAM), a 24.2% shareholder of Namoi Cotton.\nNAM closed the day at 72 cents.\nPXA\nAnd, Data insights business PEXA Group (ASX:PXA) gained 11% as it plans to further its strategic partnership with UK-focused banking organisation, NatWest.\nNatWest Group serves over 19 million customers across retail, commercial, and private banking markets.\nThe company will use PEXA’s digital property exchange technology to accelerate the processing of sale and purchase transactions to provide a 48-hour remortgage transaction facility to its customers.\nPXA closed the day at $13.58.\nIn the red\nBAP\nLeading provider of vehicle parts, Bapcor (ASX:BAP) was one of the biggest losers of today, down 24% after the company reported it expects second half FY24 Pro-Forma NPAT results will be below that of its first half, which sat at $54.2 million.\nThe company’s CEO and Managing Director, Mark Bernhard accredited this fall to “trading conditions remaining challenging as consumers continue to pull back on spending, primarily impacting its Retail business.”\nBAP closed the day at $4.40.\nWOW\nAustralian supermarket giant Woolworths Group (ASX: WOW) fell 4.2% after it posted its third quarter 2024 Financial Year results.\nAlthough it reported a modest rise of 2.8% in overall sales, a fall of 4.1% in sales at Big W indicated that customers on a budget have become more wary of spending.\nWOW closed the day at $30.50.\nVRX\nAnd, VRX Silica (ASX:VRX) fell 24% after it announced it was dropping the price of its shares in its latest Underwritten Entitlement Offer fundraising exercise. \nShares were originally priced at 7 cents per share in the offer, but the company has revised that downward to 5.5 cents per share.  \nToday’s decline brings the share price in line with the new Entitelement Offer price.\nVRX closed the day at 5.3 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/2432641251"}