The ASX200 closed flat at 8,484 points.
The Aussie bourse pared early gains after lifts in companies posting positive results were offset by a large sell-off in index giant CSL (ASX:CSL).
Trump has indicated he’s considering applying a tariff exemption to Aussie steel and aluminium. The move came after a call between Albanese and Trump.
Gold has hit an all-time high of $2,924 per ounce as investors flock to the safe haven asset.
Industrials was the best-performing sector, up 1%, followed by IT, up 0.9% and Telecommunication, up 0.75%.
Solis Minerals (ASX:SLM) closed up 49.2% after confirming extensive copper mineralisation at its Cinto Project in southern Peru.
Solis minerals closed at 9.4 cents.
Koonenberry Gold (ASX:KNB) closed up 25.0% after kicking off its inaugural drilling program at the Enmore Gold Project in northeast New South Wales.
Kooneberry Gold closed at 3.5 cents.
Alcidion Group (ASX:ALC) closed up 3.9% after inking its first deal in Wales with Hywel Dda University Health Board for use of its Miya Precision Platform. The Total Contract Value (TCV) is $5.5M (approx. £2.8M) over a term of five years.
Alcidion closed at 8 cents.
CSL (ASX:CSL) closed down 4.9% after posting financial results for the half-year ending December 31, 2024, highlighting robust growth across key segments. The company’s overall revenue increased by 5%, reaching $8.43 billion, while net profit after tax grew by 7%.
CSL closed at $256.96.
Elixir Energy (ASX:EXR) closed down 11.3% after reporting a significant expansion of its Grandis Project in the Taroom Trough in Queensland.
Elixir Energy closed at 3.9 cents.
Wildcat Resources (ASX: WC8) closed down x% after yesterday revealing that its Tabba Tabba Preliminary Feasibility Study is around 50% complete following the completion of the November 2024 Mineral Resource Estimate.
Wildcat Resources closed at 21 cents.
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.