Big miners weigh, lithium stocks gain: Aus shares 0.6% lower at noon
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SUMMARY
13 Mar 2018 - Market at Midday Report: The ASX opened lower, falling further in the first two hours of trade, erasing yesterday’s gains and now we are 0.6 per cent down for the day. Miners see biggest loses but lithium players charge. Sky and Space Global (ASX:SAS) raised $10 million in a heavily oversubscribed placement and plans to raise $5 million through a SPP. Redflow (ASX:RFX) made its first batteries stacks from its new Thailand factory and its shares rally. In economic news, home loans fell more than expected, investment property loans rise (recovering from prior fall) and business confidence fell (as expected). Click for more news.
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SUMMARY
13 Mar 2018 - Market at Midday Report: The ASX opened lower, falling further in the first two hours of trade, erasing yesterday’s gains and now we are 0.6 per cent down for the day. Miners see biggest loses but lithium players charge. Sky and Space Global (ASX:SAS) raised $10 million in a heavily oversubscribed placement and plans to raise $5 million through a SPP. Redflow (ASX:RFX) made its first batteries stacks from its new Thailand factory and its shares rally. In economic news, home loans fell more than expected, investment property loans rise (recovering from prior fall) and business confidence fell (as expected). Click for more news.
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