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Aus shares 0.9% lower at noon despite gold surge

05 Aug 2020 – The Australian share market dropped at the opening bell as expected and has faltered to an almost 1 per cent fall. This comes despite a surge in gold and a rally in the mining sector, but that isn’t enough to keep the markets in the green today. Village Roadshow (ASX:VRL) continues to negotiate with BGH Capital over its takeover deal, today extending the period for exclusive discussions for a fourth time. Smartpay’s (ASX:SMP) CEO and Managing Director Bradley Gerdis has resigned.

Source: Finance News Network

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