Whitehaven Coal Shares Climb; Traders Watch for Next Steps After ASX Holiday
Whitehaven Coal closed at A$9.37 Friday, down 1.68% for the day but up 7.09% for the week. The ASX is shut Monday for the King’s Birthday holiday, delaying Whitehaven’s next trading to Tuesday. The company announced a share buy-back Friday morning. Thermal coal prices rose to $148.75 a tonne, up 0.81% on June 5.