Good news weighs: Aus shares flat at noon

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22 Mar 2018 - Market at Midday: Miners and energy stocks are rising today after commodity prices spiked. The employment participation rate increased to 65.7 per cent, its highest since December 2010. The female labour force participation also increased, to a new historical high. Big Un (ASX:BIG) appointed a new chairman, Nicholas Jordon with immediate effect. He previously worked at co-CEO of Goldman Sachs, Russia and Confederation of Independent States (CIS). IAG (ASX:IAG) is seeking to raise a minimum of $300 million of subordinated notes, for Tier 2 Capital, under the Australian Prudential Regulation Authority’s (APRA) capital adequacy framework. Click for more news.

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