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The Australian stock market is sharply lower on Friday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling to just above the 7,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by mining and energy stocks amid tumbling commodity prices.
Tri-Star Resources plc (TSTR.L) (LON:TSTR – Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.80 ($0.02) and traded as low as GBX 1.50 ($0.02). Tri-Star Resources plc (TSTR.L) shares last traded at GBX 1.80 ($0.02), with a volume of 8,207,456 shares […]
The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the mixed cues from global markets overnight, with weakness across most sectors, led by technology stocks.
Gold miners are expanding assets and upgrading production as the price of the yellow metal stays in bull territory.
UBS analyst Levi Spry maintained a Hold rating on Northern Star Resources Ltd (NESRF – Research Report) today and set a price target of A$...