ASX Market Update: Index touches new record as Chemist Warehouse debuts | Feb 13, 2025

The Market Herald
13 Feb

The ASX200 has been up 0.3% at 8,560 points after touching a new all-time high of 8,575 points in intra-day trade.

The positive investor sentiment followed the spectacular launch of Chemist Warehouse on the boards through its $34 billion merger with Sigma Healthcare.

Materials has been the strongest performer, up 1.2%, followed by Discretionary, up 0.9%, and Telecommunication, up 0.3%. Utilities has been the worst sector, down 1.75%, followed by Energy, -0.75%, and Staples, -0.55%.

Austal (ASX:ASB) has been down 1.8% after inking a deal worth between $265 and $275 million, for the creation of a 130-metre combined cycle, hydrogen-ready vehicle passenger ferry. Austal has been $3.81.

Pro Medicus (ASX:PME) has been down 4.6% as investors take profits after the company hit a record high following the release of its half-yearly. Pro Medicus has been $274.85.

Kalgoorlie Gold Mining (ASX:KAL) has been up 16.9% after getting things underway to drill at its Lighthorse gold discovery at Pinjin next month.

Kalgoorlie Gold Mining has been 8.3 cents through Thursday trade.

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