The sellers finally stepped in this week to push the All Ordinaries Index down more than 1%. I say 'finally' because markets don’t climb indefinitely without resistance from sellers. It had been almost four weeks since some meaningful selling on our market.
Specialty pharmaceutical group Clinuvel Pharmaceuticals (ASX: CUV) has received promising outcomes from the final set of results from a study evaluating
The ASX200 was down 0.15% in lunchtime trades, nearly crossing into the green at 12 O Clock Sydney time before paring gains. Healthcare was in front, up 0.52% – partially driven by strong results from Clinuvel. Materials and Financials were the top draggers on the bourse on Friday in contrast to Thursday – that comes despite a rally in coal stocks and a rebound in the iron ore price.
Clinuvel Pharmaceuticals Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported net income was AUD 10.94 million compared to AUD 11.39...