Incitec Pivot Ltd (ASX: IPL) manufactures, markets and distributes a range of industrial chemicals, explosives and fertilisers. The company is the world’s second-largest explosives maker and a key supplier to many of Australia’s largest mining companies.
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The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down by 0.58% on Friday.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set for a flat open Wednesday morning, according to data from Sydney Futures Exchange, with CSR Limited (ASX: CSR) in the news.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.20%, sending the market closer to 6,000.
Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) closed flat on Friday.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO) has started the day slightly in the green.
Shares in the world’s second-largest explosives supplier, Incitec Pivot Ltd (ASX:IPL), fell 3.5% today following a decision by Roy Hill Iron Ore not to proceed with its contract.