TMH Market Close: Energy sector tops the list on Tuesday


The ASX closed higher, gaining 0.86 per cent. Energy was the top performing sector of the day, increasing 1.94 per cent.

One of today’s top scorers was Parkd (PKD), which saw gains of up to 21 per cent. This comes after the company secured a contract with one of Perth’s largest automotive retail companies.

The project will see Parkd designing and constructing a three-level car park and storage facility, valued at $4.46 million.

Another company making it up the ranks is Brightstar (BRT), which climbed 30 per cnet after announcing that it will recommence gold mining operations at its Menzies gold project joint venture in WA.

Olympio Metals (OLY) also increased 27.2 per cent ahead of a trading halt.

In the red

Ignite (IGN) has recorded losses of up to 42.4 per cent despite not releasing any news since April. The company was last trading at 4.2 cents.

Zeus Resources (ZEU) also toppled 41 per cent. This comes after wrapping up a phase one drilling program at its Mortimer Hills project in WA, returning encouraging results.

Middle Island Resources (MDI) also fell 16.6 per cent. The company’s shares were last trading at 2.1 cents.


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