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Energy sector pulls on the market: ASX closes 1.6% lower

29 Oct 2020 – The ASX closed 1.6% lower. Despite welcoming back customers in metropolitan Melbourne after their temporary closure due to covid, shares in JB Hi-Fi (ASX:JBH) didn’t do so well today. The rest of their trading update failed to impress investors. Shares in Whitehaven Coal (ASX:WHC) were on the rise today. Pilbara Minerals (ASX:PLS) lithium production has seen a 49% rise in sales volumes in the September quarter.

Source: Finance News Network

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