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The Markets
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The Markets
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Markets in a Minute: ASX kicks off higher, Tamboran & Firefly surge

Markets in a Minute: ASX kicks off higher, Tamboran & Firefly surge

The ASX200 kicked off the week on a high note - nudging upwards of .41 of a per cent.

Every sector, besides telecom and healthcare, finished in the green.

Green

Tamboran Resources was up today on news it’s secured up to 115 million US dollars in new funding, including backing from Baker Hughes. The funds strengthen its balance sheet and will support progress toward first gas production at the Beetaloo Basin.

Firefly Metals shot up on news it's intercepted high-grade copper and gold in what it's labelled a “major exploration breakthrough” at the Green Bay project in Canada.

Red

Lindian Resources plunged on news Malawi’s government may restrict exports of raw minerals.

Nuix also took a dive on news its CEO is stepping down. The board says the company is well positioned for growth and that it’s the right time to bring in new leadership.

#ASX200 #StockMarketNews #Copper #Gold #ASXStocks #InvestingAustralia

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