In what's making headlines this Friday - oil prices climbed about two percent, after US President Donald Trump warned of ‘severe consequences’ if talks with Russia over Ukraine fall through. Markets were also buoyed by expectations that a US interest rate cut next month could boost oil demand.
Back on Aussie soil, let's take a look at some of the stocks that made news on the ASX.
GREEN
Orthocell (ASX:OCC) had a stellar week after confirming it's ramping up its US push in the $1.6 billion nerve repair market, with its Remplir™ device gaining traction through early surgeries, hospital approvals, and a growing distribution network.
And Asian Battery Metals (ASX:AZ9) was also up this week on news it's expanding its footprint in southwestern Mongolia, and will move ahead and acquire the Maikhan Uul copper-gold project - just eight kilometres from its flagship Oval discovery.
RED
AGL Energy (ASX:AGL) took a dive this week after the power giant posted a $98 million annual loss, weighed down by nearly $600 million in significant items and a 9% drop in underlying earnings.
And Telstra Group (ASX:TLS) dragged on the bourse - despite releasing its FY25 results and reporting a 4.6% increase in underlying EBITDA to $8.6 billion.
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