Oil Search guidance uncertain mooring system damaged: ASX closes 0.5% higher
28 Aug 2019 – It has been a rollercoaster of a day for the ASX. After opening in the red the local bourse managed to gain momentum to close at 0.5% higher. Shares in Bega Cheese (ASX:BGA) are up 8% today. The mooring system at Oil Search (ASX:OSH)–operated liquids offshore loading facilities in the Gulf of Papua is believed to be damaged.
Source: Finance News Network