• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    ASX Round-Up: ASX Falls on the Day, Rises on the Month

    Investing News Network
    Feb. 28, 2014 11:10AM PST
    Resource Investing News

    The Australian Securities Exchange fell 6.6 points today, dropping to 5,404.8 points. However, the exchange rose 215 points, or 4.2 percent, during February as a whole.

    The Australian Securities Exchange (ASX) fell 6.6 points today, dropping to 5,404.8 points. However, the exchange rose 215 points, or 4.2 percent, during February as a whole, according to The Sydney Morning Herald.
    “The outlook heading into reporting season was optimistic and we haven’t been disappointed,” Dion Hershan, head of Australian equities at Goldman Sachs Asset Management, told the news outlet. “On balance earnings and the outlook have exceeded what were some fairly sombre consensus expectations.” In particular, mining stocks fared well in February.
    Performing positively today was Western Areas (ASX:WSA), which gained $0.21, or 6.84 percent, to trade at $3.28. The company is based in Australia and produces nickel near Perth; it is also exploring for potential resources in Finland. Also gaining was gold producer and explorer Medusa Mining (ASX:MML), which rose $0.13, or 6.37 percent, to trade at $2.17.
    Silver Lake Resources (ASX:SLR) today lost $0.10, or 14.71 percent, to trade at $0.58. The company produces and explores for gold as well as copper. Gold producer Resolute Mining (ASX:RSG) also fell, losing $0.03, or 4.72 percent, to trade at $0.605.

    asx:wsaaustraliaasx:slrmedusa miningasx:rsgasx:mml
    The Conversation (0)

    Go Deeper

    AI Powered
    Gold bar on nuggets with "5 Top Australian Mining Stocks" text overlay.

    Top 5 Australian Mining Stocks This Week: Nelson Resources Soars on Deal to Advance Yarri Project

    Gold bars and coins as well as a sac of gold.

    Top 5 ASX Gold Stocks That Pay Dividends

    Latest News

    Questcorp Mining Provides Update on Private Placement

    Boundiali indicated gold resources grows by 53% in two month

    PGO to Acquire White Dam Gold Operation in South Australia

    Burbanks Drilling Returning Spectacular Grades

    New Drill Targets defined at Mt Hope Project

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Resource Investing News Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES