ASX 200 (XJO) To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.29% on Thursday.

Australian Dollar ($A) (AUDUSD): 68.64US cents

Dow Jones (DJI): up 0.17%

Oil (WTI): $US55.24 per barrel

Gold: $US1,497 per ounce

ASX Sharemarket News

In ASX sharemarket news, NIB Holdings Limited (ASX: NHF) has announced that its FY19 investor presentation contained an error in a chart.

NIB had included a claims inflation chart for its Australian residents health insurance business illustrating the rolling 12 month change in revenue, total costs, hospital and ancillary benefits per person.

The change in total costs was to 2.8% and the change in hospital benefits was to 3.1%.

But this didn’t affect the data used to inform the assumptions and forecasts in FY20, which is still at least $200 million in underlying terms and statutory profit of at least $180 million.

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Senex Energy Ltd (ASX: SXY) has announced the sale of its Roma North gas processing facility and pipeline to major energy infrastructure operator Jemena for $50 million.

Jemena will now compress and transport Senex’s natural gas to market under a long term gas tolling arrangement. Senex will pay a capacity based tariff to Jemena in line with an agreed production profile.

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Cimic Group Ltd (ASX: CIM) announced that its global mining services provider, Thiess, has been awarded a six-year $1.3 billion contract extension by Coronado Global Resources Inc to provide mining services at the Curragh Mine in the coal-rich Bowen Basin, Queensland, where it has been operating since 2004.

Under the extension, Thiess will continue to provide overburden removal and haulage, mining and run of mine rehandling services, equipment maintenance and pit dewatering.

At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.

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