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NCM - Newcrest Mining News Story

A$29.56 -2.3  -7.2%

Last Trade - 7:10am

Sector
Basic Materials
Size
Large Cap
Market Cap £13.12bn
Enterprise Value £14.28bn
Revenue £3.12bn
Position in Universe 19th / 1837

BUZZ-Australia's gold index falls as overnight slump in bullion prices weigh

Thu 9th January, 2020 4:49am
** Australian gold stocks  .AXGD  slump as much as 3.1% 
after gold prices tumbled overnight by as much as 1% as
U.S.-Iran tensions eased
    ** However, prices crept up on Thursday as investors
remained wary of risk-taking even though U.S. President Donald
Trump eased fears of conflict  urn:newsml:reuters.com:*:nL4N29E0T4
    ** Sector heavyweight Newcrest Mining Ltd  NCM.AX  sheds
2.6%, while peers Northern Star Resources Ltd  NST.AX  and
Evolution Mining Ltd  EVN.AX  fall 3.4% and 2.1%, respectively
    ** ASX-listed shares of Alacer Gold Corp  AQG.AX  fall 7.3%
and is among the top losers on the gold index
    ** The index gained 25.3% in 2019 

 (Reporting by Shreya D in Bengaluru)
 ((Shreya.D@thomsonreuters.com))
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