Australian Shares Gain, Downer EDI Dogged By Chairman Sudden Departure
The Australian Financial Review2023-03-02
Australian shares crept 0.4 per cent higher minutes after starting the session, with health and tech stocks leading gains.
Downer EDI dropped 0.5 per cent after the sudden resignation of chairman Mark Chellew.
Qantas jumped 0.8 per cent on news it will hire up to 8500 staff including pilots, cabin crew and engineers over the next decade.
BHP Group advanced 0.7 per cent and OZ Minerals added 0.1 per cent after independent expert Grant Samuel backed BHP’s $9.6 billion bid for OZ.
Mineral Resources recoiled 0.9 per cent after extending its offer to buy Norwest.
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