The ASX 200 closed lower Thursday, shedding almost half a per cent and crossing below its 50-day moving average.
Healthcare had a strong run, the sector was up around 1.9 per cent, whilst real estate and consumer discretionary both sunk to the bottom.
Green
St George Mining shot up after showcasing its 100%-owned Araxá rare earths and niobium project at EXPOSIBRAM 2025, a major Latin American mining conference held in Salvador, Brazil.
And Titan Minerals was also up after confirming it's made major progress in Ecuador — hitting strong gold and copper results at Dynasty and Linderos, and securing a 10-million-US-dollar investment from Lingbao Gold.
Red
Coles Group plunged on its first-quarter sales update. Group sales rose nearly 4 percent to 10.96 billion dollars, led by strong supermarket growth — but liquor sales slipped just over 1 percent for the quarter.
JB Hi-Fi also took a dive on its first-quarter trading update. It reported 6 percent sales growth for JB Hi-Fi Australia and 2.5 percent growth for The Good Guys — which didn't quite meet investors expectations.
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