ASX stuck in stalemate as miners drag down Australian share market

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The Australian share market has opened flat after a week of trading that saw it virtually unchanged.

abc.net.au/news/asx-november-21-miners-tech-lake-lithium/101677496The Australian share market has opened flat this morning, after a week of trading that saw it virtually unchanged.The top performer was lithium miner Lake Resources,The two entities have been working together on Lake Resources's flagship project Kachi in Argentina.

Kachi is seeking to deliver high-grade lithium to battery makers for use in all sorts of renewable energy, including storage and electric vehicles.Healius, Evolution, FMG, Bluescope, Perseus and a range of others had all lost between 5.4 and 1.4 per cent by 10:30am AEDT.Seven of the 11 sectors were higher overall.

Wall Street closed marginally higher on Friday , with the Dow Jones ending up 0.6 per cent, the S&P 500 up 0.5 per cent, and the tech-heavy Nasdaq flat.

 

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