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11 November 2020

Boadicea shines among top stock performers

On Monday 9 November, 2020 Boadicea Resources closed at 24.5 cents up 20% on the previous week’s trade.

Proactive Investors reported the Boadicea Resources stock jump as a stellar performance for this tightly held resource stock.

Oil prices gained in morning Asian trading, with international benchmark Brent crude futures up 2.71% to US$40.52 per barrel.

[Creso Pharma Ltd – S&P/ASX 200]

US COVID-19 cases rose by more than 100,000 for the third straight day on Saturday.

S&P/ASX 200 (INDEXASX:XJO) has joined other Asian markets in continuing the post-election stock rally by hitting a fresh 8-month high of 6303 (+1.8%) today, with the index last trading 1.6% higher at 6,290 around 1.20 pm.

All sectors have gained with the biggest improvements for materials, IT and communications.

BHP Group (ASX:BHP) gained 3.48% after acquiring a further 28% interest in Shenzi (Gulf of Mexico oil assets) from Hess Corporation (NYSE:HES) for US$505 million, bringing BHP’s ownership to 72%.

This adds about 11,000 barrels of oil per day of production for BHP.

Top gainers

Top gainers on the ASX include:

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