Tuesday, 02 January 2024 12:17 GMT

ASX rises but this company climbed 18.2%


(MENAFN- ProactiveInvestors)

Australian stocks continued to rise with major banks and retail stocks leading. The ASX200 is up 40.4 points or 0.7% to 5715.1.

JB Hi-FI (ASX:JBH) up 2.1% to $20.90 Wesfarmers (ASX:WES) rose 1.5% to $44.15 andWoolworths (ASX:WOW) is up 2.7% to $28.50.


Market Action here…


Aziana (ASX:AZK)
climbed 18.2% to $0.26 with more than 34.8 million shares traded after its Spiking Neuron Adaptive Processor technology cleanly out-performed an opposing neural technology in a stimulated car race.

This is a key milestone in the application and commercialisation of the potentially ground-breaking technology.

It also marks the first in a series of post-acquisition milestones and the company has accordingly amended its documentation to recognise the accomplishment.

BrainChip’s artificial neural learning technology has potential applications across many areas including smartphones robotics prostheses and driverless drones.

Millennium Minerals (ASX:MOY) is up 14.3% to $0.032 while Alkane Resources (ASX:ALK) rose 12.5% to $0.315.


Blue Chip Stocks

Major Miners
 
BHP Billiton (ASX:BHP) down 0.1% to $32.50
Fortescue Metals Group (ASX:FMG) down 2.3% to $2.51
Newcrest (ASX:NCM) up 2.9% to $14.28
Rio Tinto (ASX:RIO) down 0.4% to $59.02


Oil and Gas


Oil Search (ASX:OSH) down 0.3% to $7.71
Santos (ASX:STO) up 0.6% to $8.71
Woodside Petroleum (ASX:WPL) up 0.6% to $34.71


Big 4 banks


ANZ Bank (ASX:ANZ) up 2.2% to $33.11
Commonwealth Bank (ASX:CBA) up 1.3% to $83.98
National Australia Bank (ASX:NAB) up 3.2% to $35.65
Westpac (ASX:WBC) down 2.3% to $33.27


Other banks financials and industrials


AMP (ASX:AMP) up 1.8% to $6.50
Bank of Queensland (ASX:BOQ) up 0.2% to $13.16
Bendigo and Adelaide Bank (ASX:BEN) up 0.2% to $12.29
Macquarie Group (ASX:MQG) up 1.6% to $82.03
Suncorp (ASX:SUN) up 1.4% to $13.35
Telstra (ASX:TLS) up 0.7% to $6.15



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