The ASX200 is up around a quarter of a per cent – beating futures predictions by about half a per cent.
Utilities is up around 1.9 per cent – whilst energy and materials are falling off the pace.
New Zealand’s inflation data has hit its lowest level in almost 3 years – down from 4.7 per cent to 4 per cent over the past 12 months.
Company news
Melbourne-based pharmaceutical developer Firebrick Pharma Limited (ASX:FRE) Share Price | Latest News – The Market Online is up 53 per cent after confirming its Nasodine nasal spray is being launched in the US today.
Nasodine is an antiseptic nasal spray which will be used to attack the common cold.
FRE has been trading at 8 cents.
Bank Of Queensland Limited. (ASX:BOQ) Share Price | Latest News – The Market Online is up around 7 per cent despite releasing its half yearly results to the end of February and seeing its net profit after tax down by 33 percent on the same period in 2023 to $172 million.
Its dividend will also be 3 cents lower at 17 cents.
BOQ has been trading at $6.19.
Cancer-focused company Immutep Limited (ASX:IMM) Share Price | Latest News – The Market Online is down more than 3 per cent despite receiving positive feedback from the Spanish Agency for Medicines and Health Products to proceed to the third phase of trials for “eftilagimod alpha” – a drug that treats a spreadable deadly type of lung cancer.
IMM has been trading at 35 cents.
Little Green Pharma Ltd (ASX:LGP) Share Price | Latest News – The Market Online is up around 4 per cent after posting its quarterly results.
The company saw a record quarterly revenue of $7.3 million – up 34 per cent on the previous quarter.
It also saw a record revenue of $25.6 million for FY24 – up nearly 30 per cent on the previous financial year.
LGP has been trading at 14 cents.
And Frontier Energy Limited (ASX:FHE) Share Price | Latest News – The Market Online has selected its preferred banks to fund its WA-based Waroona solar play.
Despite not disclosing the locked in banks, the company expects to have the fine print worked out in the next 8 to 12 weeks if due diligence goes ahead smoothly.
FHE has been trading at 35 cents..