The ASX200 has been up 0.83% at 8199 points.

Counting in the US election continues and markets are eagerly watching the results trickle in and are reacting accordingly.

All sectors have gained ground and the IT sector has been the best performer, up 1.9%, followed by Financials, up 1.6%, and Discretionary, up 1.54%.

In the Green

Cooper Energy (ASX:COE) closed up 6.06% on release of an update on FY25 guidance. It revealed that it is increasing its production guidance and says its primarily driven by improved performance at the Orbost Gas Processing Plant.

Cooper Energy closed at 17.5 cents.

BENZ Mining (ASX:BNZ) closed up 11.54% after buying WA gold projects off Spartan Resources (ASX:SPR). Benz is to snatch up the Glenburgh and Mt Egerton gold projects from Spartan; in exchange, Spartan will become a 15% shareholder in Benz.

Benz Mining closed at 29 cents.

Neuren Pharmaceuticals (ASX:NEU) closed up 8.15% after receiving a significant payment from its US partner, Acadia Pharmaceuticals(NASDAQ: ACAD). This follows news Acadia has finalised an agreement to sell a Rare Pediatric Disease Priority Review Voucher (PRV).

Neuren Pharmaceuticals closed at $13.27.

In the Red

Bellevue Gold (ASX:BGL) closed down 2.28% despite no news out today. However, the stock has been rising in recent weeks and has been up 32% over the last two months.

Bellevue Gold closed at $1.50.

Domain Holdings (ASX:DHG) closed down 5.59% after an update was released at its AGM. Investors recated unfavourably and sold off the stock.

Domain closed at $2.87.

Great Boulder Resources (ASX:GBR) closed down 2.22% on reported progress in its exploration activities at the Side Well Gold Project, located near Meekatharra in WA. Recent reverse circulation drilling at the Mulga Bill prospect has identified subvertical gold mineralisation extending on the western side of the deposit, beyond the current resource boundaries.

Great Boulder Resources closed at 4.4 cents.