Highlights
- The ASX 200 benchmark index closed in the red today (December 8), losing 46.40 points or 0.64% to end at 7,183.00 points.
- Over the last five days, the index has lost 2.33% and 3.00% over the last 52 weeks.
- Utilities was the only gainer, advancing 1.13% while energy and financial fell 2.64% and 0.97% respectively.
The ASX 200 benchmark index closed in the red today (December 8), losing 46.40 points or 0.64% to end at 7,183.00 points.
Key pointers from ASX closing today
- Chalice Mining Ltd (ASX:CHN) and West African Resources Ltd (ASX:WAF) gained the most on the ASX today, moving ahead 13.47% and 5.12%, respectively.
- Downer EDI Ltd (ASX:DOW) and Core Lithium Ltd (ASX:CXO) fell 21.36% and 9.35%, respectively.
- Over the last five days, the index has lost 2.33% and 3.00% over the last 52 weeks.
- Seven out of 11 sectors closed in red today.
- Utilities was the biggest gainer, advancing 1.13% while energy and financial fell 2.64% and 0.97% respectively.
- The All-Ordinaries Index fell 0.72%.
Newsmakers
Renascor Resources (ASX:RNU): The institutional placement of $70 million by Renascor Resources (RNU) to advance the Siviour battery anode material (BAM) project in South Australia has been successfully completed.
As stated in a market announcement made on December 7, the company will issue 254,5 million additional shares at a price of 27.5 cents, or 14.2% less than its 10-day volume-weighted average price.
Lucapa Diamond Company (ASX:LOM): Angola's Lucapa Diamond Company (LOM) has retrieved 20 diamonds totaling 15.51 carats from a bulk kimberlite sample from Lulo project.Five diamonds, the largest of which weighed 1.95 carats, according to the business, were over one carat in weight.
Global markets
In the midst of pessimistic predictions about the future in the US, the robust recovery from the lows of early October is being put to the test for the first time. This week, business leaders gathered to dim the outlook for the American consumer and, consequently, corporate earnings.
The S&P 500 lost 0.19% to 3,933.92. The Dow Jones was merely 0.0047% up to 33,597.92. The NASDAQ Composite decreased 0.51% to 10,958.55, and the small-cap Russell 2000 fell 0.31% to 1,806.90.
In Asia, Hang Seng in Hong Kong gained 1.23% while the Asia Dow was 0.28% down, Nikkei in Japan fell 0.59% and Shanghai Composite in China decreased by 0.016% at 4.24 PM AEDT.
Bond yields
Australia’s 10-year bond yield stands at 3.36% as of 4.14 PM AEDT.
In commodities markets
Crude Oil WTI was spotted trading at US$72.63/bbl, while brent was at US$77.71/bbl at 4.15 PM AEDT.
Gold was at US$1782.78 an ounce, copper was at US$3.85/Lbs, and iron ore was at US$107.50/T at 4.15 PM AEDT.