The Opening Bell || Will IT And Energy Sector Dip Outpace Material Sector Gains On Monday?

The programme shows how the US market performance, crypto and commodities scenario sets the charter for the Australian market performance. Watch The Opening Bell on Kalkine TV and stay updated.

• To begin with, rare-earths mining company Lynas Rare Earths jumped up on reporting record quarterly revenue. 

• Then, medical cannabis company Cann Group dipped on targeting capital raise.  The company is looking to raise a total of AU$20 million to invest in its marketing strategies and improve its Mildura manufacturing facility.

• Next up, medical device manufacturer, OncoSil Medical dipped amid COVID-19 impacts. The company incurred an operating loss of AU$9 million for financial year 2021.

• Moving on to the next newsmaker under the spotlight, Australia's largest Tin producer Metals X was under the spotlight an update from its Renison tailings project located in Western Tasmania.

• Next on the list are 2 real estate players. GPT Group has withdrawn guidance for funds from operation and distribution for financial year 2021 due to the adverse effects of recent restrictions of ongoing pandemic.

• While, Cromwell Property Group has appointed Jonathan Callaghan as its new chief executive, who is currently the chief executive of Investa Property Group. 

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