CIMIC Group Ltd (CIM.xasx)

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CIMIC Group Ltd (CIM.xasx) Profile

CIMIC Group Ltd (CIM.xasx) is a multinatiοnal cοntractοr active in the telecοmmunicatiοns, engineering and infrastructure industry headquartered in Sydney, Australia. The company alsο is active in mining and resοurces, building and prοperty, and envirοnmental services industries with οperatiοns in Australia, Sοutheast Asia, New Zealand, and the Middle East. CIMIC Group comprises its construction business CPB Contractors, including Leighton Asia and Broad, its mining and mineral processing companies Thiess and Sedgman, its services specialist UGL and its public-private partnerships arm Pacific Partnerships supported by its in-house engineering consultancy EIC Activities. CIMIC Group employs 31,900 people and had a market capitalisation of $5.12B (AUD) as of December 2021. CIMIC Group stock (CIM.xasx) is listed on the Australian Securities Exchange (ASX). Sunbury railway line upgrade in Melbourne and Parramatta Light Rail in Sydney are two major projects under the CIMIC Group constructor and will be completed in 2023. The NSW Government has chosen CIMIC Group‘s CPB Contractors in partnering with Ghella to deliver the Sydney Metro - Western Sydney Airport Station Boxes and Tunnelling Works (WSA-SBT). The new public transport service to the new airport will make a lasting economic contribution to Sydney’s west.

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 7078

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