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DXN Explodes, Explorers Split: Week 23 Market Wrap

11:34am on Saturday 6th of June, 2026 AEST MARKET NEWS
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DXN Explodes, Explorers Split: Week 23 Market Wrap

11:34am on Saturday 6th of June, 2026 AEST
Key Points
  • DXN surged 775% after landing an AI high-performance computing contract with a large follow-on revenue target.
  • Resources names stayed busy as rare earths, gold, silver and copper stories kept feeding the tape.
  • M&A and capital management lifted sentiment in Heartland, Tasmea, Matrix, Magnetic and Nova Minerals.
  • Several stocks opened strongly on news, then gave back ground as early buying faded.
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