Lithium companies shine: ASX closes flat on Friday, down on week
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12 Dec 2018 - Market Wrap: Lithium companies largely beat the best performing drum, but in afternoon trade, selling in property funds and staples held the Australian share market back. Australia and New Zealand Banking Group (ASX:ANZ) is not selling UDC Finance to HNA after the agreement was terminated. Beach Energy (ASX:BPT) greased up the most gains after the oil price is holding around a 52 week high, while the energy giant also unveiled a new gas field discovery. Virgin Australia (ASX:VAH) fell 3.7 per cent, while Qantas (ASX:QAN) soared about 2.9 per cent. Bitcoin is trading 4.5 per cent higher at $13,835. Click video for more news.
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SUMMARY
12 Dec 2018 - Market Wrap: Lithium companies largely beat the best performing drum, but in afternoon trade, selling in property funds and staples held the Australian share market back. Australia and New Zealand Banking Group (ASX:ANZ) is not selling UDC Finance to HNA after the agreement was terminated. Beach Energy (ASX:BPT) greased up the most gains after the oil price is holding around a 52 week high, while the energy giant also unveiled a new gas field discovery. Virgin Australia (ASX:VAH) fell 3.7 per cent, while Qantas (ASX:QAN) soared about 2.9 per cent. Bitcoin is trading 4.5 per cent higher at $13,835. Click video for more news.
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