Midday: ASX tracking 1.3% lower at noon
11 Mar 2020 - The ASX shot up at the open and then fell in mid morning trade and failed to gain momentum and is now tracking 1.3% lower at noon. Shares in ship building company Austal (ASX:ASB) are on the rise as are shares in Fortescue Metals Group (ASX:FMG). Shares are down in Pilbara Minerals (ASX:PLS) and Newcrest Mining (ASX:NCM). Panoramic Resources (ASX:PAN) responds to media article.