The Mid Market Pulse || ASX Up 0.9%; Why Energy, Miners Shares Are Trading Higher Today?

The show guages the pulse of the market and trends that emerge by mid-day, along with providing the commodity and crypto charter, besides market gainers/losers. Watch The Mid-Market Pulse on Kalkine TV and stay updated. let us shift focus to stocks that are creating a buzz today.    

• Let us look at the first company. Shares of software developer Nuix were trading higher by 1.5 per cent to AU$2.6

• Shares of buy now, pay later firm Zip surged over 3 per cent to AU$7.82 after the company reported strong earnings for June quarter.

• Shares of the world’s biggest miner BHP extended rally for the second session and rose 3 per cent on deal with Elon Musk’s Tesla. 

• Evolution Mining shares have entered trading halt, pending an announcement.

• Gold miner Newcrest Mining shares traded marginally higher after the company released quarterly business update. 

• The share price of Bank of Queensland climbed 1.4 per cent to AU$8.97 after the lender appointed former ME Bank director Deborah Kiers to its board of directors.

• Shares of Lynas Rare Earths jumped 5.5 per cent to AU$6.21 after the miner secured an AU$14.8 million grant by the Australian government.

• Shares of software firm Altium extended loss for the fourth straight session, falling over 1 per cent to AU$32.44.

• The share price of energy firm Santos rise nearly 3 per cent to AU$6.75.

• Internet and telecom service provider Swoop Holdings has reportedly completed the acquisition of 100 per cent of Wan Solutions or Beam Internet.

• Shares of engineering contractor CIMIC Group extended rally for the second day, rising as much as 4.7 per cent to AU$20.78.

• Next up. Wireless technology company Etherstack traded higher by 3 per cent to 64 cents on signing deal with Samsung.

• Shares of PharmAust, a clinical-stage biotechnology firm, dropped over 1 per cent to 9.5 cents.





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