** Shares of Bowen Coking Coal BCB.AX surges 43% to A$0.010, set for their best day since March 2013
** Coking coal firm closed nearly 17% higher on Fri after posting a 31% QoQ jump in coal sales for Dec qtr-to-date
** Stock is the top gainer on ASX all ordinaries index .AORD
** Over 80 mln shares traded, nearly 7x the 30-day average
** Still, despite the rally in past two session, the stock is down 90% YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((jasmeenaraislam.shaikh@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments