Proactive's Tylah Tully gives a market wrap for the 16th of August.
The ASX remained largely unchanged today, increasing slightly by 0.12% to 7,980.3 points.
Over the past five days, the index has risen by 2.60%, although it is still 2.07% below its 52-week high.
Audinate Group was a notable performer, with its share price rising by 19.89% to $11.33. This surge was driven by strong financial results for the fiscal year 2024, which included a 33.2% increase in gross profit to USD 44.5 million and a 28% increase in overall revenue to USD 60 million.
Emerald Resources also experienced gains, with its share price increasing by 4.31% to $3.96.
Sector performance was mixed, with Utilities leading the way with a 1.59% increase. In contrast, Consumer Staples and Energy were the weakest sectors, down 0.77% and 0.53%, respectively.