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Graincorp adds 40% despite weaker market: Afternoon market insights

The ASX sank into the red today, following Asian markets which have all posted losses so far in the trading day. At 2.10pm, the ASX200 gave up 0.67% to 4540.4, while the broader All Ordinaries index lost 0.66% to 4563.2. Graincorp shares bucked this trend, rising more than 40% on the back of a takeover […]
Myriam Robin
Myriam Robin
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The ASX sank into the red today, following Asian markets which have all posted losses so far in the trading day.

At 2.10pm, the ASX200 gave up 0.67% to 4540.4, while the broader All Ordinaries index lost 0.66% to 4563.2.

Graincorp shares bucked this trend, rising more than 40% on the back of a takeover offer.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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