Beach Energy (ASX: BPT) is an oil & gas exploration and production company headquartered in Adelaide. It was founded in 1961 and is now a key supplier to the Australian east coast natural gas market. Beach Energy has ownership interests in key infrastructure such as the Moomba processing facility and Otway Gas Plant.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
The local share market managed a 0.9% gain, taking it to a five-month high on the back of another confirmation of falling price levels and inflation.
S&P/ASX 200 (INDEXASX: XJO) fell 0.1 per cent on Tuesday with Beach Energy Ltd (ASX:BPT) going down. Buffett has bought into Taiwan’s TSMC.
The S&P/ASX 200 (INDEXASX: XJO) delivered another positive day on Tuesday despite growing recession concerns as Myer shares made headlines.
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
The S&P/ASX 200 (INDEXASX:XJO) finished the week on another positive note as ASX iron ore shares like BHP (ASX:BHP) made headlines.
The S&P/ASX 200 (ASX:XJO) reversed the prior day’s gains, falling 1% on Tuesday after US bond yields jumped on further central bank commentary.
The S&P/ASX 200 (ASX: XJO) put in a tough day on Monday as ASX travel shares such as Qantas (ASX:QAN) made headlines.
The S&P/ASX 200 (ASX:XJO) followed the lead of US futures to fall 1% to open the week as AGL (ASX:AGL) and ASX energy shares made headlines.
