3 ASX 200 events you missed on Thursday

Catch up on all the news, announcements and events that you missed on another big day for Aussie equities.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The ASX 200 slumped 0.65% lower on Thursday as the up and down week for Aussie equities continued.

The S&P/ASX 200 Index (INDEXASX: XJO) closed at 6,708.80 points while the broader All Ordinaries Index (INDEXASX: XAO) fell 0.62% to 6,810.80 points.

Communication Services (-1.75%) again led the ASX losers while A-REITs (-1.26%) didn't perform much better. Materials (+0.12%) was the only ASX 200 sector to climb higher on a disappointing Thursday of trade.

Catch up on all the news, announcements and events that you missed on another big day for Aussie equities.

a woman

1. Lynas Corp shares lead ASX 200 gainers on Thursday

The Lynas Corporation Ltd (ASX: LYC) share price rocketed 9.72% higher yesterday as expansion rumours swirled.

Lynas shares led the ASX 200 gainers on Thursday after Reuters reported the U.S. Army could look to fund the construction of a rare earths plant for weapons development.

Lynas shares surged on the news, given the company is the largest rare earths producer outside of China. That unique position could mean the group is well-placed to capitalise on the U.S. Army's plans.

2. Nearmap shares edge lower after acquisition update

The Nearmap Ltd (ASX: NEA) share price closed 0.38% lower on the ASX 200 Thursday after an acquisition announcement.

The Aussie geospatial mapping company will purchase technology and intellectual property from Primitive LLC (Pushpin).

Primitive is a deep learning and analytics tech company that extracts data to provide roof geometry insights.

The ASX 200 tech stock fell lower on Thursday as the broader Information Technology sector closed down 1.17%.

3. Charter Hall shares rocket higher after REIT acquisitions

The Charter Hall Group (ASX: CHC) share price rocketed 4.67% higher yesterday after updates from its real estate investment trusts (REITs).

Charter Hall Long WALE REIT (ASX: CLW) went into a trading halt ahead of a $619 million spending spree.

The Long WALE REIT will purchase stakes in a number of properties for a total of $619 million.

The Charter Hall share price surged on the ASX 200 on Thursday after the REIT's announcement to close among yesterday's top gainers.

Motley Fool contributor Kenneth Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nearmap Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Broker Notes

Are CBA shares still a good buy for passive income?

A leading analyst delivers his verdict on CBA’s passive income appeal.

Read more »

A financial expert or broker looks worried as he checks out a graph showing market volatility.
Broker Notes

Morgans names 2 ASX shares to buy and 1 to accumulate

What is the broker recommending investors do with these shares?

Read more »

Small chocolate bunnies.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough end to the short trading week.

Read more »

A woman draws on a clear screen a line graph that shows a falling horizontal line.
52-Week Lows

Why Stockland shares just crashed to a multi-year low

Stockland’s sell-off deepens.

Read more »

A man in a business suit rides a graphic image of an arrow that is rebounding on a graph.
Broker Notes

2 ASX 200 shares to buy ahead of anticipated rally: expert

After a 9.1% drop between 27 February and 23 March, the ASX 200 reversed course last Tuesday.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Market News

ASX 200 suddenly turns lower as fresh war fears hit before Easter

The ASX 200 has given back all of its early gains today.

Read more »

Man with a hand on his head looks at a red stock market chart showing a falling share price.
Share Market News

Why did the ASX 200 just plunge 1.4% in Thursday afternoon trade?

ASX 200 investors were hit with unpleasant news during the Thursday lunch hour.

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why KMD, Tamboran Resources, Whitehaven Coal, and WiseTech Global shares are falling today

These shares are out of form on Thursday. What's going on?

Read more »