December 4, 2020

Australia…One Hour In…ASX up 15 points

By Scott Phillips | More Articles by Scott Phillips

ASX200 up 15 points (0.2%) to 6630.

Cimic (+0.5%); said UGL has been awarded $113m in several Utility contracts.
Oz Minerals (+1.4%); the Carrapateena mine has now completed ramp-up with the mine production rate of 4.25Mtpa achieved consistently during November, despite a short COVID-19 South Australia-wide lockdown.
Premier Investments (-0.7%); AGM today. Said online sales for the first 18 weeks of FY21 increased by 70% over the same period of last year.

Friday Dad Joke:

Today’s math problem: If Scott is 55 and his girlfriend is 22, how much money does Scott have?

About Scott Phillips

Scott has over 35 years experience in Australian equities, starting as a “chalkie” and trader on the Stock Exchange Trading Floor and spending the last 25 years advising and trading for International Institutions. He has been an Executive Director at JPMorgan and Nomura, a Governor of the Australian Stock Exchange and was recently awarded a Lifetime Achievment award by the Australian Stockbrokers Association.

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