The ASX200 closed up just over a tenth of a percent at 8221points.

Iron ore miners surged and Mineral Resources (ASX:MIN) jumped 1.2% on news the outcome of its investigation into managing director Chris Ellison’s tax evasion scheme will be released next week.

The IT sector has the biggest gains, up 2%, followed by Discretionary, up 1%, and Materials 0.75%.

Utilities chalked up the biggest losses, down 0.6%,  and Energy and Real Estate both closed down 0.5%.

In the Green

Vulcan Energy (ASX:VUL) closed up 12.5% on news ratings agency S&P Global Ratings has awarded the company a Dark Green sustainability rating – the highest ever received by a metals and mining company globally.

Vulcan Energy closed at $5.14.

Resmed (ASX:RMD) finished up 3.5% after Macquarie retained its outperform rating on the company and improved its price target to $41.10. The upgrade followed ResMed beating quarterly profit expectations.

Resmed closed at $39.07.

Li-S Energy (ASX:LIS) closed up 54% on news it substantially improved the performance of its lithium-sulfur battery technology.

Li-S Energy wrapped up at 18.5 cents.

In the Red

Adriatic Metals (ASX:ADT) closed down 4.9% on release of its Q3 update. The company did achieve a significant jump in production, but the result fell short of investor expectations.

Adriatic Metals closed at $4.09.

Westgold Resources (ASX:WGX) finished down 4.9% after increasing its existing loan facility from $100 million to $300 million. The company says the move will bolster the balance sheet and assist in executing the growth strategy.

Westgold Resources closed at $3.13.

Metcash (ASX:MTS) closed down 2.51% after a broker downgrade. Analysts at Macquarie downgraded the stock to ‘underperform’ and cut the price target to $3.45.

Metcash closed at $3.11.