ASX Market Close: New all time record as IT leaps forward | November 19, 2024

The Market Herald11-19

The ASX200 closed up 0.9% at 8,374 points, after hitting a new all time record of 8,446 points in intra-day trade. The Aussie tech sector soared 3.1% pushing the local index to record highs. ...

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Enterprise software company Technology One (ASX:TNE) had a stellar day, up 10% to close at $29.45.\nTelecommunication also performed strongly, up 1.5%, followed closely by Energy, up 1.45%\nIn the Green\nSun Silver (ASX:SS1) closed up 6.5% on assay results from its Maverick Springs Silver-Gold Project in Nevada, USA. The results from the 220m step-out drill hole revealed a 50m mineralised intercept grading at 70g/t silver equivalent.\nSun Silver closed at 74 cents.\nState Gas (ASX:GAS) closed up 2.6% on resolution of an access dispute involving its Rolleston West Project. The company will now resume gas production activities.\nState Gas pulled up stumps at 3.9 cents.\nAurora Energy Metals (ASX:1AE) closed up 67.4% after securing an option agreement with US-based Eagle Energy Metals for the sale of the Aurora Uranium Project for $40 million.\nAurora Energy Metals closed at 7.2 cents.\nIn the Red\nKMD Brands (ASX:KMD) closed down 3.8% after reporting a 5.8% drop in first-quarter sales. All brands lost ground including Rip Curl, down 6.7% and Kathmandu, down 2.7%.\nKMD Brands closed at 37.5 cents.\nWaratah Minerals (ASX:WTM) closed down 16.3% on results from its ongoing drilling program at the Spur Project, located in the Lachlan Fold Belt, New South Wales.\nWaratah Minerals closed at 20.5 cents.\nElders (ASX:ELD) closed down 10.9% after it completed the institutional part of its capital raising. The company raised around $143 million at $7.85 per share, representing a 9.2% discount to yesterday’s close price.\nElders closed at $7.76.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"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":"4.29.2","shortVersion":"4.29.2","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/2484596112"}