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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
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Share Price: 0.15
Bid: 0.10
Ask: 0.20
Change: -0.03 (-16.67%)
Spread: 0.10 (100.00%)
Open: 0.175
High: 0.175
Low: 0.125
Prev. Close: 0.18
SML Live PriceLast checked at -

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Australia shares gain for first day in 4; NZ also up

Wed, 04th Apr 2018 07:50

* Aussie and NZ shares of a2 Milk among top gainers on bothbenchmarks

* CBA, NAB and Westpac reverse trend to end higher(Updates to close)

By Susan Mathew

April 4 (Reuters) - Australian shares snapped a three-daylosing streak to end higher on Wednesday as real estate andconsumer stocks perked up after positive home building andretail sales data.

The S&P/ASX 200 index closed up 0.2 percent, or 9.5points, at 5,761.4.

Investors bought real estate stocks after data showed thatthough approvals to build new homes eased 6.2 percent inFebruary, overall home building is holding up better than manyanalysts had expected, with strength showing through in detachedhouses where approvals hit their highest in almost two years.

Mall operator stocks Scentre Group and propertydeveloper Mirvac Group rose 2.4 percent and 1.4percent, respectively.

Consumer stocks took heart from data showing that Australianretail sales rebounded, beating expectations, a sign thatconsumers may be coming out of the doldrums and contribute toeconomic growth.

Infant formula maker Bellamy's Australia, up 7.1percent, and dairy company a2 Milk, up 5.1 percent,were the top gainers on the benchmark.

Three of the 'Big four' were back in the black, after havingfallen earlier in the session, ending 0.3 percent to 0.8 percenthigher, while ANZ continued to fall.

On the ASX All Ordinaries index, Blue SkyAlternative Investments was the worst performer, down18.6 percent, as it resumed trading after U.S. short-sellerGlaucus Research Group claimed it had overstated its size,exaggerated performance and over-valued assets.

New Zealand's benchmark S&P/NZX 50 index fell 0.8percent, or 68.15 points, to finish the session at 8,398.08.

Dairy companies led gains with Synlait Milk rising 4.6percent and a2 Milk gaining 3.6 percent.

Air New Zealand climbed 3.6 percent. The airlinecompany said it would not renew its alliance with VirginAustralia, covering flights between the two countries, ending a7-year alliance between the two companies.

Virgin Australia shares ended 4.4 percent lower after theannouncement.(Reporting by Susan Mathew in Bengaluru; Editing by KimCoghill)

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(ShareCast News) - AIM-listed mine developer Strategic Minerals has been handed control of a key coal licence by the New Zealand government, which the company said was a "crucial stepping stone" in its plans. SML's interest in the Tatu coal project in the North Island of the country began with its a

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16 Jul 2015 09:10

Strategic Minerals Formally Awarded Ownership Of Tatu Coal Mine

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6 Jul 2015 16:16

DIRECTOR DEALINGS SUMMARY: Strategic Minerals MD Buys Shares

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6 Jul 2015 15:27

Strategic Minerals CEO shows confidence with purchase of 4.7m shares

The chief executive of Strategic Minerals bought 4.7m shares in the company which last week was hit by a "misinterpretation" of an annual general meeting statement. John Peters purchased 4.7m shares for an individual price of 0.5p, spending a total of £23,500. Following the transaction, Peters hold

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6 Jul 2015 08:57

DIRECTOR DEALINGS: Strategic Minerals MD Buys 4.7 Million Shares

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2 Jul 2015 14:42

2nd UPDATE: Strategic Minerals Says Earlier Statement "Misinterpreted"

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2 Jul 2015 12:15

UPDATE: Strategic Minerals Says Adding Projects "Imperative"

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2 Jul 2015 08:41

Strategic Minerals slides on "misinterpretation" of AGM statement

Shares in miner Strategic Minerals (SML) took a hit after investors interpreted an annual general meeting statement as meaning the company urgently needed to take on further projects to continue as a viable business. In an announcement released on the day of Strategic Mineral's AGM, managing directo

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2 Jul 2015 07:28

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Strategic Minerals Shares Down As It Says Adding Projects "Imperative"

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AGM, EGM Calendar - Week Ahead

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