Coles shares soar while gold miners suffer amid Middle East conflict
Supermarkets and oil refiners profited amid the Middle East conflict, with Coles shares rising from $20 to $24. Conversely, gold miners like Northern Star saw share prices tumble nearly 50 percent after U.S. strikes on Iran, reflecting investor caution. Overall, heightened uncertainty has led to mixed outcomes across various sectors, impacting logistics and technology firms negatively.
Summary by OZbrief Editorial · SMH · Source
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Published 21 Jun 2026, 06:00 UTC · Updated 21 Jun 2026, 06:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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