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Bouncing back from 6-month low: Aus shares 0.2% lower at noon

12 Oct 2018 – Market at Midday. ASX clawing back from new 6-month low. Fortescue (ASX:FMG) upgraded & rallies 4.7% ‘what’s not to like about $500m buy-back & best YTD iron ore prices’. Citi issues BHP (ASX:BHP) alert ‘softer 2H after solid June’. Centuria (ASX:CNI) flexes property muscle with new raising & increasing stake in Propertylink. IPO Tribeca Global Natural (ASX:TGF) trades flat.

Source: Finance News Network

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