annb0t
Top 20
By Rajasik Mukherjee
(Reuters) - Shares of Australia's BlueScope Steel hit a more than 3-year high on Monday after the steelmaker's half-year underlying profit surpassed market expectations and its upbeat commentary on U.S. tariffs on steel imports.
The stock gained as much as 12.3% to A$25.100, poised to touch its highest level since August 31, 2021. The stock also marked its biggest intraday gain since October 23, 2020.
The broader ASX200 benchmark was down 0.6%, as of 0246 GMT.
The countr...
>>> Read more: Australia's BlueScope steel climbs over 3-year peak as earnings beats estimate
(Reuters) - Shares of Australia's BlueScope Steel hit a more than 3-year high on Monday after the steelmaker's half-year underlying profit surpassed market expectations and its upbeat commentary on U.S. tariffs on steel imports.
The stock gained as much as 12.3% to A$25.100, poised to touch its highest level since August 31, 2021. The stock also marked its biggest intraday gain since October 23, 2020.
The broader ASX200 benchmark was down 0.6%, as of 0246 GMT.
The countr...
>>> Read more: Australia's BlueScope steel climbs over 3-year peak as earnings beats estimate
