The ASX200 has been up 0.48% at 8,215 points in afternoon trade.
The bourse is within a whisker of breaking its all time record set at the end of September, as investors swim buoyant in positive sentiment.
The Energy sector has lead the charge, up 1%, followed by Materials – up just short of one percent.
Utilities has been sold off by investors, down 0.8%.
Arcadium Lithium (ASX:LTM) has jumped 39% after yesterday’s takeover approach from Rio Tinto (ASX:RIO). Arcadium’s gains for the week have now risen to 95%.
Arcadium Lithium has been trading at $8.21.
Wildcat Resources (WC8) has been up more than 18% after additional high grade lithium hits at its Tabba Tabba Lithium Project in Western Australia. The company has planned to finalise modelling of the pegmatite system.
Wildcat Resources has been 38.5 cents.
Mining services play Perenti (ASX
RN) has been up 1% on a $157 million contract extension with IGO (ASX:IGO) at the Nova Nickel mine in WA. The contract runs until December, 2026.
Perenti has been $1.04.
