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Optimism and trade data boost: Aus shares 0.5% higher at noon

08 Mar 2018 – Market at Midday Report: BlueScope Steel (ASX:BSL) has been advancing today on the back of fresh optimism for Trump’s planned tariff on steel and aluminium, while it’s also in the midst of a $300 million buy-back. Aged care provider, Regis Healthcare (ASX:REG) has been advised by the Federal Court that its Asset Replacement Charge (ARC) that it levies on residents is not consistent with the Aged Care Act and is in the midst of making necessary refunds.

Source: Finance News Network

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