the COB 080124

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It was a lacklustre day for the local market with the S P/ASX200 ending down 0.5% at 7451.50. • All 11 sectors ended the day lower, with info tech, materials and consumer staples leading the index lower. Uranium stocks were the standout overall, with Boss Energy (BOE) and Paladin Energy (PDN) leading the charge, up 8.51% and 3.45% respectively. • There was no local economic data of note, however, the conversation revolved around the monthly inflation read which precedes the quarterly read later this month and what the data will mean for the RBA's next move. • In company news, Metcash (MTS) shares ended 1.3%. It appointed former Premier Investments and JB-Hi Fi (JBH) CEO Richard Murray to its tool division. In small caps, Whispir (WSP) is backing a buyout from Soprano. • Core Lithium (CXO) ended down 17.39% extending its losses for a fourth consecutive session after temporarily suspending mining operations at its Finiss project in the NT. However, lithium hopeful Kali Metals (KM1) which debuted on the ASX today rallied about 75% from its $0.25 IPO price. • Join 90,000 investors who use ausbiz for investing ideas and opportunities. Get the full experience live, on-demand and free at https://ausbiz.com.au/. When you subscribe you can tailor your content to your interests - by company, expert, topic and series. • Subscribe to our newsletter: https://company.ausbiz.com.au/newsletter • Twitter: / ausbiztv • Facebook: / ausbiztv • #asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking #marketwrapup

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