Proactive’s Tylah Tully gives a market wrap for November 18.
The ASX closed 0.18% higher today at 8,300.20. Over the past five days, the index has been largely flat and remains 1.01% below its 52-week high.
Boss Energy Ltd (ASX:BOE, OTCQX:BQSSF) led the gains, rising 7.34% to $3.07 without any specific news and Life360 dragged 6.73% to $21.22.
Consumer Staples performed strongly, up 1.95%, followed by Utilities at 1.82%. Healthcare lagged, declining 0.88%. Life360 recorded the largest drop, falling 6.73% to $21.22.
Woolworths faced scrutiny at the ACCC supermarket inquiry, with discussions focused on pricing and land banking practices. ASIC initiated legal action against NAB, alleging delays in addressing financial hardship claims from 345 customers.
In the small-cap space, Lightning Minerals Ltd (ASX:L1M) was as much as 27.94% higher to $0.087 and Yandal Resources Ltd (ASX:YRL) continued recent upward moves, climbing another 27.12% to an intra-day high of $0.375.
Magmatic Resources Ltd (ASX:MAG) reached $0.044, an increase of 15.79% on the previous close, Boadicea Resources Ltd (ASX:BOA) was as much as 13.04% higher at $0.026, European Lithium Ltd (ASX:EUR, OTCQB:EULIF) increased by 12.5% to $0.027, Highfield Resources Ltd (ASX:HFR) hit $0.285, an 11.77% increase, Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF) lifted by as much as 9.12% to $9.82, Element 25 Ltd (ASX:E25, OTCQX:ELMTF) rose 6% to $0.265, Tolu Minerals Ltd (ASX:TOK) traded to $1.05, a 5% increase on the previous close and FireFly Metals Ltd (ASX:FFM) was up to 4.96% to an intra-day high of $1.06.