{"id":187399,"date":"2025-10-03T11:39:10","date_gmt":"2025-10-03T11:39:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/187399\/"},"modified":"2025-10-03T11:39:10","modified_gmt":"2025-10-03T11:39:10","slug":"closing-bell-asx-in-fine-fettle-up-more-than-1pc-on-healthcare-and-mining-strength","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/187399\/","title":{"rendered":"Closing Bell: ASX in fine fettle, up more than 1pc on healthcare and mining strength"},"content":{"rendered":"

The ASX surged more than 1pc today, getting a strong boost from a resurgent healthcare sector. Pic: Getty Images<\/p>\n

ASX goes on the offence, up 1.13pc
\n8 of 11 sectors higher, led by healthcare and materials
\nStrength in resources, banks and healthcare drive gains<\/p>\n

\u00a0<\/p>\n

ASX roars higher, rotating back out of defensive sectors<\/p>\n

After playing it safe yesterday, the ASX came charging out of the gate this morning, up 1% by lunchtime.<\/p>\n

The market held onto that momentum throughout the trading day, finishing up 1.13% with a very respectable 100-point gain.<\/p>\n

A resurgence in the healthcare sector \u2013 led by CSL (ASX:CSL)<\/a> up 3.85% \u2013 gave the ASX legs, and more gains in resources and banking stocks kept it churning.<\/p>\n

Race Oncology (ASX:RAC)<\/a> also surged 48% on discovering the true mechanism of its (E,E)-bisantrene anticancer drug (more on that below) while Clarity Pharma (ASX:CU6)<\/a> jumped 12% on no news.<\/p>\n

The ASX 200 Banks index jumped 1.45% overall. The seven majors added between 0.6% and 1.95% with ANZ (ASX:ANZ)<\/a> taking that particular crown.<\/p>\n

Crowd favourite Commonwealth (ASX:CBA)<\/a> was right behind, up 1.65%.<\/p>\n

\"ASXSource: Market Index
\n\"ASXSource: Market Index<\/p>\n

Gold futures have outstripped spot prices, lifting again to US$3897.3 an ounce<\/a>. That kicked the XGD up another 3%.<\/p>\n

The All Ords Gold index gained more than 20% over the month of August, and has lifted by almost 100% for the year to date.<\/p>\n

Standouts included Focus Minerals (ASX:FML)<\/a> which surged 32% on nothing but gold price gains, ROX Resources (ASX:RXL)<\/a> up just under 14%, Ora Banda (ASX:OBM)<\/a> jumping 8.9% and Westgold Resources (ASX:WGX)<\/a> building on yesterday\u2019s momentum with another 8% lift.<\/p>\n

On the red side of the balance sheet, defence stocks Electro Optics Systems (ASX:EOS)<\/a> and Droneshield (ASX:DRO)<\/a> gave up some of their recent gains, falling 12.7% and 11.6% respectively.<\/p>\n

Bougainville Copper (ASX:BOC)<\/a> also retreated from yesterday\u2019s high, shedding 6% but up 70% for the year.<\/p>\n

\u00a0<\/p>\n

ASX Leaders<\/p>\n

Today\u2019s best performing stocks (including small caps):<\/p>\n

Code Name Last % Change Volume Market Cap DTM Dart Mining NL 0.005 150% 2.72E+08 $2,749,113 IXRR Ionic Rare Earths – Rights 0.005 150% 26754211 $759,261 SCN Scorpion Minerals 0.031 72% 7603437 $9,437,511 NES Nelson Resources. 0.01 67% 51288050 $13,031,566 BLZ Blaze Minerals Ltd 0.003 50% 100000 $5,750,000 RAC Race Oncology Ltd 4.61 48% 2971470 $541,188,535 C7A Clara Resources 0.005 43% 42519946 $2,601,533 TMB Tambourahmetals 0.175 40% 43817284 $20,872,327 SER Strategic Energy 0.007 40% 14387378 $5,494,667 T88 Taitonresources 0.095 36% 213636 $5,212,016 AUH Austchina Holdings 0.002 33% 2587500 $4,538,075 CR9 Corellares 0.004 33% 289928 $3,022,709 FML Focus Minerals Ltd 1.6 32% 1997133 $346,735,960 JBY James Bay Minerals 1 30% 4751988 $76,328,768 IPD Impedimed Limited 0.048 30% 7553233 $75,337,456 PEN Peninsula Energy Ltd 0.645 29% 11626373 $191,309,279 CTO Citigold Corp Ltd 0.009 29% 7106573 $21,000,000 PVT Pivotal Metals Ltd 0.009 29% 1376175 $6,350,581 BLG Bluglass Limited 0.014 27% 17170921 $28,341,474 CNB Carnaby Resource Ltd 0.42 25% 2061411 $76,510,268 OIL Optiscan Imaging 0.115 25% 932745 $96,064,250 1AD Adalta Limited 0.0025 25% 2773843 $2,920,411 STG Straker Limited 0.355 22% 535072 $18,658,397 MTB Mount Burgess Mining 0.011 22% 4029391 $3,830,745 TEM Tempest Minerals 0.011 22% 7092632 $9,916,155 WordPress Table<\/a><\/p>\n

\u00a0<\/p>\n

In the news\u2026<\/p>\n

Dart Mining (ASX:DTM)<\/a> has put drill bit to ground at the Coonambula antimony-gold project in central Queensland, where DTM is looking to earn up to 51%.<\/p>\n

The company hit antimony mineralisation in the first hole. Assays aren\u2019t due until November, but visual estimations pegged one intersection at 0.6m at 70% antimony from 42m downhole.<\/p>\n

Race Oncology (ASX:RAC)<\/a> has unlocked the true mechanism of action behind its (E,E)-bisantrene anticancer drug. RAC says it acts by binding to G4-DNA and RNA structures and bisantrene is not a doxorubicin-like chemotherapeutic.<\/p>\n

Management says the revelation has major clinical and commercial implications and the new information will aid in better targeting clinical use.<\/p>\n

Tambourah Metals (ASX:TMB)<\/a> has $4.5 million total in the bank after nabbing a cool $3 million in a strategic placement with Tribeca Investment Partners. The funding will go directly into the drill bit at Beatty Park South, an emerging gold discovery TMB is keen to investigate.<\/p>\n

Taiton Resources (ASX:T88)<\/a> has also wrapped up a capital raise, securing commitments to add $2 million to the coffers in a placement at $0.15 per share. Like TMB, Taiton is putting the money toward drilling programs, at the Challenger West and Highway projects.<\/p>\n

\u00a0<\/p>\n

ASX Laggards<\/p>\n

Today\u2019s worst performing stocks (including small caps):<\/p>\n

Code Name Price % Change Volume Market Cap MEL Metgasco Ltd 0.002 -33% 175178 $5,511,260 IS3 I Synergy Group Ltd 0.018 -31% 149434 $45,127,292 LNU Linius Tech Limited 0.0015 -25% 704348 $13,179,029 MTL Mantle Minerals Ltd 0.0015 -25% 2417027 $14,466,230 PGY Pilot Energy Ltd 0.007 -22% 10134125 $19,427,940 C29 C29Metalslimited 0.019 -21% 554663 $4,180,518 FBR FBR Ltd 0.004 -20% 7830460 $32,759,864 PRX Prodigy Gold NL 0.002 -20% 4588780 $16,854,657 QXR Qx Resources Limited 0.004 -20% 1003430 $8,189,555 APL Associate Global 0.115 -18% 12000 $8,041,940 RKB Rokeby Resources Ltd 0.005 -17% 3430296 $10,955,291 PEC Perpetual Res Ltd 0.011 -15% 42301745 $12,297,421 GDM Greatdivideminingltd 0.305 -15% 64188 $16,258,998 SNX Sierra Nevada Gold 0.051 -15% 3189666 $9,879,547 FAU First Au Ltd 0.0085 -15% 3228628 $26,164,847 AUK Aumake Limited 0.003 -14% 2093500 $10,581,756 C1X Cosmosexploration 0.06 -14% 718431 $7,592,662 ENT Enterprise Metals 0.006 -14% 1722159 $10,089,221 PRM Prominence Energy 0.003 -14% 1481228 $3,112,117 SP8 Streamplay Studio 0.012 -14% 12419204 $17,939,103 EOS Electro Optic Sys. 8.95 -14% 7504272 $2,000,913,267 WAK Wakaolin 0.04 -13% 177027 $32,116,207 AJX Alexium Int Group 0.007 -13% 5500 $12,873,043 ARV Artemis Resources 0.007 -13% 32497554 $30,167,377 BNL Blue Star Helium Ltd 0.007 -13% 5413765 $28,823,082 WordPress Table<\/a><\/p>\n

\u00a0<\/p>\n

In Case You Missed It<\/p>\n

Arika Resources (ASX:ARI)<\/a> has discovered a new wide gold lode at the Landed at Last prospect of the Yundamindra JV project in WA<\/a>.<\/p>\n

TG Metals (ASX:TG6<\/a>)<\/a> has wrapped up metallurgical testwork on stockpiles at its Van Uden gold project in WA, boosting confidence in the asset\u2019s path forward<\/a>.<\/p>\n

Auravelle Metals (ASX:AUV)<\/a> has returned up to 25.4g\/t gold in resamples from maiden RC drilling on the Sheoak prospect at its Nuckulla Hill gold project in South Australia<\/a>.<\/p>\n

Early drilling by Perpetual Resources (ASX:PEC)<\/a> has delivered outstanding grades at the Igrejinha asset, pointing to a fertile critical minerals system<\/a>.<\/p>\n

Ballard Mining (ASX:BM1)<\/a> has cleared all regulatory hurdles to enable mining and processing to begin at its Mt Ida project in the Goldfields<\/a>.<\/p>\n

Stellar Resources (ASX:SRZ)<\/a> has secured a third project in North West Tasmania\u2019s tin province to add to a tin portfolio that includes the Heemskirk and East Renison projects<\/a>.<\/p>\n

DY6 Metals (ASX:DY6)<\/a> is swiftly advancing its rare earth, gallium and niobium opportunities in Malawi with sampling programs at the Tundulu and Machinga projects<\/a>.<\/p>\n

Red Mountain Mining (ASX:RMX)<\/a> has confirmed the potential of Red Mountain\u2019s Oaky Creek prospect with antimony results of up to 39.3%<\/a>.<\/p>\n

James Bay Minerals (ASX:JBY)<\/a> is acquiring the high-grade Shafter silver project in Texas, including existing infrastructure<\/a>.<\/p>\n

\u00a0<\/p>\n

Trading halts<\/p>\n

Adelong Gold (ASX:ADG)<\/a>\u00a0\u2013 exploration results and ASX query
Carnavale Resources (ASX:CAV)<\/a>\u00a0\u2013 cap raise
Catalina Resources (ASX:CTN)<\/a>\u00a0\u2013 exploration results
NexGen Energy (ASX:NXG)<\/a>\u00a0\u2013 cap raise
3D Energi (ASX:TDO)<\/a>\u00a0\u2013 cap raise<\/p>\n

\u00a0<\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"The ASX surged more than 1pc today, getting a strong boost from a resurgent healthcare sector. Pic: Getty…\n","protected":false},"author":2,"featured_media":187400,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,137,500],"class_list":{"0":"post-187399","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-au","9":"tag-australia","10":"tag-health","11":"tag-healthcare"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/187399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=187399"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/187399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/187400"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=187399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=187399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=187399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}