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NCM - Newcrest Mining News Story

A$30.58 0.8  2.6%

Last Trade - 29/05/20

Sector
Basic Materials
Size
Large Cap
Market Cap £12.64bn
Enterprise Value £13.79bn
Revenue £3.09bn
Position in Universe 19th / 1842

BUZZ-Australia's gold index shines as safe-haven bullion rallies on Middle East tensions

Mon 6th January, 2020 12:35am
** Australian gold stocks  .AXGD  jump as much as 2.1%,
marking their highest level since Nov 5, 2019
    ** Spot gold  XAU=  jumps 1.8% in Asia on Monday as
investors flocked towards safe-haven assets after a U.S.
airstrike killed Iran's top military commander in Iraq on Friday
    ** Index heavyweight Newcrest Mining Ltd  NCM.AX  advanced
as much as 2.9%, posting its highest level in more than a month
    ** Northern Star Resources Ltd  NST.AX , Evolution Mining
Ltd  EVN.AX , Saracen Mineral Holdings Ltd  SAR.AX  and Resolute
Mining Ltd  RSG.AX  gain as much as between 1.7% and 4.1%
    ** Dacian Gold Ltd  DCN.AX , top percentage gainer in the
index, set for seventh straight session of gains
    ** Gold sub-index rose 25.3% across 2019, against 18.9%
increase in the broader benchmark ASX 200  .AXJO 

 (Reporting by Deepali Saxena)
 ((Deepali.Saxena@thomsonreuters.com;))
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