CIMIC (ASX:CIM) selected for two new contracts worth $164m: ASX closes 1.1% higher
06 Feb 2020 - The ASX shot up at the open and managed to stabilise closing 1.1% higher. Pinnacle Investment Management (ASX:PNI) shares rose after they reported net profit from continuing operations up 37% to $13.8 million. CIMIC Group (ASX:CIM) company CPB Contractors has been selected to deliver upgrades to two major regional highway projects totalling $164 million.