Insurer QBE is in a trading halt pending a company announcement.
The company told investors it would resume trading on Tuesday morning, or after the announcement’s release.
QBE’s latest half-year announcement in August saw shares dip but the price has improved since then to close at $15.45 yesterday.
The company has been talking up progress on its long-term operational transformation program all year; analysts have described 2013 as a “transitional year” for QBE.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.
Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.