Proactive’s Tylah Tully gives a market wrap for November 28.
The ASX closed up 0.45% at 8,444.3 points, reflecting a five-day gain of 1.46%. It is currently 0.39% below its 52-week high.
Pro Medicus Limited was the top performer of the day, surging 8.66% and adding $19 to close at $248.18 per share.
The company announced a $330 million, 10-year contract with Trinity Health, one of the largest not-for-profit healthcare systems in the United States.
Trinity Health operates 93 hospitals and numerous other facilities across 26 states. The contract will see the implementation of Pro Medicus’ cloud-based Visage 7 Enterprise Imaging Platform to create a unified diagnostic imaging system.
The Star Entertainment Group was the largest decliner, dropping 7.14% to $0.195 per share. At its annual general meeting, Peter Hodgson was appointed as a director and the company’s remuneration report narrowly passed with 56% support.
Sector-wise, six sectors closed higher. Healthcare was the strongest performer, rising 1.61% due to gains from Pro Medicus. Energy was the weakest sector, falling 0.32%.
Positive moves in the small cap sector were made by Artemis Resources, which jumped 25% to a daily high of $0.01, Cyclone Metals Ltd (ASX:CLE) was as much as 13.04% higher to $0.026, European Lithium Ltd (ASX:EUR, OTCQB:EULIF) increased 10% to $0.033, Spenda was 10% higher at $0.011, Lunnon Metals Ltd (ASX:LM8, OTC:LNMLF) climbed 9.09% to $0.24, Arovella Therapeutics Ltd (ASX:ALA) reached $0.19, a 5.56% increase, Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) was 5.2% higher to $0.81 and Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF) hit $9.90, a 4.21% increase on the previous close.