The ASX market returned to negative territory on Friday, closing the session 2.27% lower at 7175.80 points as every sector traded in the red led by metals and mining stocks tumbling more than 3.8%. For the week the ASX200 has shed 2.95%.
The stocks that made headlines today were:
Nuix tumbled 22.8% today after the intelligence software provider released a first half update including the expectations to post a decline in revenue and operating earnings during the first half due to materially higher costs.
Travel stocks were in the firing line again today after the West Australian premier announced the border to the rest of the country will not reopen on February the 5th as originally planned. Qantas fell just over 3%, Webjet lost 2% and Regional Express dropped 3.3%.
Little Green Pharma defied the broad market sell-off today to rally more than 3% after the medicinal cannabis producer announced it has signed a 4-year exclusive distribution agreement with PharmaServe in Greece for the distribution of LGP-branded oil medicines and cannabis flower in Greece.