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Australian stocks have received some wind in their sails with resource stocks pulling the ASX200 up 24.4 points or 0.4% to 5814.4.
() is up 1.8% to $32.52 while () jumped 9.2% to $2.37.
Newcrest () flat at $14.45 and (ASX:RIO) is up 2.1% to $58.36
Market action here…
() climbed 7.5% to $4.90 with 5.5 million shares traded after the company was issued the key Notice of Schedule for Environmental Review from the U.S. Federal Energy Regulatory Commission.
This signals that FERC has the information necessary on the critical elements of the Magnolia LNG project for it to complete and issue the final environmental impact statement now anticipated on 16th November 2015.
The company was also awarded the U.S. patent over its core OSMR® process technology for the liquefaction of gas.
() jumped 42.9% to $0.10 () is up 10% to $0.33 () rising 25% to $0.005 and () climbing 15.4% to $0.03.
() rose 11.4% to $0.088 (ASX:MTA) is up 11.1% to $0.10 () gained 10% to $0.011 and () is up 11.1% to $0.04.
Blue Chip Stocks
Oil and Gas
Oil Search () up 1.4% to $8.20
() up 1.2% to $8.40
() up 0.7% to $35.27
Big 4 banks
ANZ Bank (ASX:ANZ) up 0.8% to $34.23
() down 0.1% to $88.80
() up 0.2% to $36.86
() up 0.8% to $36.73
Other banks financials and industrials
() up 1.8% to $6.55
() up 3.6% to $13.48
Bendigo and Adelaide Bank () up 2.3% to $12.38
() up 0.9% to $78.67
Suncorp () down 0.5% to $13.05
() up 0.1% to $6.24
Retailers
JB Hi-FI () down 1.6% to $19.28
() down 0.2% to $43.64
Woolworths () down 1.7% to $29.00
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