Good afternoon, and welcome to Proactive's Markets in a Minute wrap for the week.
In what's making headlines this Friday - gold prices have picked up to just over US$4,000 an ounce at around midday, despite edging lower overnight as traders weighed weak US jobs data and comments from Federal Reserve officials.
Back on Aussie soil, let's take a look at some of the stocks that made news on the ASX this week.
GREEN
Medibank Private shot up this week on news it’s acquiring Better Medical for $159 million — adding 61 clinics and nearly 800 practitioners across four states.
Lithium Universe had a stellar week on news it's signed a deal with Taiwan’s RePV Tech to combine recycling and extraction technologies that recover high‑purity silver from solar‑panel waste — marking another step toward circular‑economy solutions in the renewables space.
RED
Westpac took a dive and touched its lowest level since mid-October earlier in the week after reporting a 2% drop in annual profit, hit by restructuring costs and margin pressure.
DroneShield was also down this week after 44.5 million performance options were vested — triggered by the company reaching $200 million in cash receipts over the past 12 months.
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