|Bid||5,050.00 x 0|
|Ask||5,051.00 x 0|
|Day's Range||4,871.00 - 5,050.25|
|52 Week Range||46.76 - 5,175.00|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||11.46|
|Earnings Date||Jul. 29, 2020|
|Forward Dividend & Yield||2.97 (6.11%)|
|Ex-Dividend Date||Aug. 06, 2020|
|1y Target Est||53.70|
Australia shares finished higher on Monday, after notching their best intraday session since early March, as investors expect the election win for U.S. President-elect Joe Biden to usher in a calmer period of global trade. With all the major indices trading in the green, the S&P/ASX 200 benchmark index rose for a third session to close 1.8% higher. "Having a Biden presidency probably takes away some of the potential flare-ups in terms of global trade," said James Tao, market analyst at CommSec.
Turquoise Hill Resources Ltd said on Wednesday it was starting arbitration proceedings to clarify provisions of some arrangements with Rio Tinto, , related to additional funding for the Canadian miner's Oyu Tolgoi copper mine in Mongolia. Rio Tinto had said in September it planned to raise up to $500 million through additional lending to develop the giant copper mine. Rio and Turquoise Hill were to jointly pursue the debt reprofiling process by engaging with existing project finance lenders, and expected a reduction of up to $1.4 billion in funding requirements for Oyu Tolgoi.
David Constable will step down as a non-executive director of Rio Tinto with effect from 31 December 2020.