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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Markets in a Minute: ASX edges lower as China ban hits BHP

Markets in a Minute: ASX edges lower as China ban hits BHP

The ASX200 tried to stay afloat, but finished the day own by about .04 of a per cent. Today's top sectors were industrials and utilities.

Green

Tamboran Resources had a stellar day on news it's set to acquire Falcon Oil & Gas in a deal worth 172 million US dollars.

And Nova Minerals was also up on news its subsidiary received 43 million US dollars in funding from the US Department of War to produce antimony trisulfide in Alaska.

Red

Boss Energy slipped after CEO Duncan Craib stepped down, with the company's former COO now taking the helm.

And BHP plunged on reports China has banned its iron ore cargoes as pricing disputes get out of control.

#TamboranResources #NovaMinerals #BossEnergy #BHP

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