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Why BlueScope, Home Consortium, IAG, & Kogan shares are dropping lower – Motley Fool Australia
Insurance Australia Group Ltd (ASX:IAG) and Kogan.com Ltd (ASX:KGN) shares are two of four dropping notably lower on Monday…
The S&P/ASX 200 Index (ASX: XJO) is on course to record a solid gain on Monday. In early afternoon trade the benchmark index is up 0.5% to 6,572.1 points.
Four shares that have failed to follow the market higher today are listed below. Here’s why they are dropping lower:
BlueScope Steel Limited(ASX: BSL)
The BlueScope Steel share price is down 2.5% to $16.80. This is despite there being rumours that the steel producer could be a takeover target. There is speculation that private equity firms could…
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