Sluggish start to week, Nickel prices & companies soar: Aus shares 0.1% lower at noon
02 Sep 2019 – Sluggish start to the trading week, Aussie shares break the four-day winning streak. Nickel prices skyrocketed to five-year highs on Indonesia banning ore exports from Dec. Australian manufacturing stronger than expected for new financial year. Link Group (ASX:LNK) upgraded with PT of $6.20. Western Areas (ASX:WSA) shares surge to year high on Nickel price rise plus on new discovery of high-grade nickel-copper at JV. Netwealth Group (ASX:NWL) Heine family reduce stake.
Source: Finance News Network