Business
Why Bank of Queensland, MNF, Oil Search, & Starpharma are charging higher
In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to continue its losing streak. The benchmark index is currently down slightly at 6,773 points.
Four ASX shares that have not let that hold them back are listed below. Here’s why they are charging higher:
Bank of Queensland Limited (ASX: BOQ)
The Bank of Queensland share price has returned from its trading halt and charged 6% higher to $8.90. This morning the regional bank announced the successful completion of the institutional component of its capital raising. Bank of Queensland raised $673 million at $7.35 per share as part of its $1.35 billion capital raising. These funds are…
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