The Australian market ended Friday?s session with a sharp afternoon rally to end a four day losing streak. The ASX200 closed 2.19% higher at 6988.10 points, boosted by a surge in consumer staples stocks.
The stocks that made headlines today were:
Imugene jumped 10.5% today after the biotech company announced it has entered into a clinical trial supply agreement with Swiss multinational healthcare company Roche for a period of up to 5-years.
Pure Hydrogen soared 29% today after the hydrogen and clean energy producer announced H2X Global, a company that Pure Hydrogen holds the largest interest in, has entered into a joint venture with Advik Hi-Tech in India to build hydrogen powered fuel cells, generators and vehicles for use in India.
Shares in surface chemistry company AnteoTech crashed 29% today after the company released an update on its EuGeni Reader and COVID-19 Rapid Diagnostic Test, saying that the TGA has requested further clinical data and information to meet the clinical data requirements.