Three big movers 17 March, 2022; 4DMedical shares soared 30% on a world-first lung scanner
The Australian market extended its green run into Thursday, closing the session 1.05% higher at 7250.80 points, driven by a surge in tech stocks as investors pile back into growth stocks following the US Federal Reserve announcing an interest rate rise to tackle inflation.
Aussie investors were also boosted by Australia’s unemployment data out today showing the rate of unemployment fell to 4% in February, its lowest level in 14 years, after 77,400 people found jobs during the month.
The stocks that made headlines today were:
4DMedical shares soared as high as 30% during today’s session after the medical tech company unveiled the world’s first dedicated lung scanner, ahead of schedule at the Prince of Wales Hospital in Sydney today.
Ampol shares jumped over 3.5% today after the fuel retailer announced the New Zealand Commerce Commission provided clearance for the company to acquire Z Energy, subject to Ampol’s divestment of Gull.
And Jindalee Resources jumped more than 15% today after the exploration company announced recent assay results from the six diamond core drill holes completed late in 2021 have included ‘some of the thicket intercepts of lithium mineralisation’ reported to date at the Company’s 100% owned McDermitt Lithium Project in the US.
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