The market opened down on the back of tensions between the US and Iran after the elimination of Qasem Soleimani by the US, to which Iran has vowed military response.
Throughout the day the market clawed itself back to finish relatively flat, with the heavy lifting carried out by gold miners and energy stocks.
🎯 Bega Cheese updated the market regarding the impact from bushfires in the Bega Valley region. Although there are no direct effects on the two facilities in the area, many suppliers and freight providers have been impacted due to the catastrophe.
🎯 Pointsbet announced their plans to provide sports betting to Michigan through a partnership with Lac Vieux Desert Public Enterprise Commission. This agreement spans 20 years with the opportunity to extend a further 5.
The sports betting industry in the US has been in rapid development since May 2018 after the Supreme Court did away with legislation that banned sports betting in the majority of states.
🎯 Worley JV has won yet another contract, this time with ExxonMobil. This 5 year engineering, procurement and construction management (EPCM) contract is for delivery of brownfield asset restoration and debottlenecking projects for offshore projects in Malaysia.
And that’s the market unpacked! ✅
BGA:ASX
$3.92
-
0
%
PBH:ASX
$5.33
+
0
%
WOR:ASX
$15.98
+
0
%
