The Mid Market Pulse || ASX Dream Run Continues, Sets New High; Energy Stocks Lead

This is The Mid-Market Pulse. Lets get started with the mid-market commentary for today

• The S&P/ASX200 is trading higher by 34.90 points or 0.48% at 7252.70, setting a new 100-day high. The index opened at 7,217.80 and gained as much as 0.8% to hit a record high of 7,281.80. 

• Australian professional services company Worley  is top percentage gainer on ASX, rising 6.7% to AU$11.94. • consumer staples company Costa Group Holdings is worst performer on ASX, falling 3.08% to AU$3.30. 

• Australian pharma company Cynata Therapeutics Limited traded as CYP has said in an exchange filing that it has struck a worldwide exclusive licence deal with Tekcyte Pty Ltd in respect of TekCyte’s wound dressing technology. 

• Shares of Hawkstone Mining traded as HWK is trading higher by 14% to 3.2 cents after the lithium and gold explorer unveiled plan to spin-out its gold and gold-copper projects in the US to form a separate listed company, Diablo Resources Limited.

• BNPL player Sezzle Inc traded as SZL has climbed as much as 14.5% to AU$8.59 after the company stated that it has entered into a three-year agreement with US-based retailer Target Corp.

• Telix Pharmaceuticals Limited traded as TLX has entered into a co-promotion agreement in the United States with Berlin-based Eckert & Ziegler Strahlen und Medizintechnik AG (EZAG) for the combination of EZAG’s GalliaPharm® (gallium-68 generator) and Telix’s investigational prostate cancer imaging product Illuccix®.

• Japan’s Nikkei 225 is up by 0.5%, while the Straits Times index in Singapore is trading higher by 0.20%.  

• Hong Kong’s Hang Seng gains 0.05% and Taiwan’s Weighted Index rises 0.5% 

• In a similar trend, China’s Shanghai Composite is trading 0.02% higher, and New Zealand's benchmark S&P/NZX 50 up by 0.1%. 

• The meme currency, Dogecoin, remained the top performer, jumping 18.5% to US$0.419 in the last 24 hours. The Shiba Inu-based token has rallied as much as 25% to hit a high of US$0.446, from day’s low of US$0.354.


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK