Local shares found some support today following yesterday's heavy selloff.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 4881 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) flat at 4944 points
- AUD/USD at US 71.74 cents
- Iron Ore at US$51.64 a tonne, according to the Metal Bulletin
- Gold at US$1,232.38 an ounce
- Brent oil at US$34.22 a barrel
It was another volatile day for the local share market, but it ultimately ended the session on a high note with shares of the big four banks finding some support.
Three of the major banks ended the day in the black, and Australia and New Zealand Banking Group (ASX: ANZ) was the strongest of the lot, rising 1%.
Unfortunately, the same cannot be said for the nation's biggest miners. BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) fell another 1.1% and 1.7%, although Fortescue Metals Group Limited (ASX: FMG) shares rose 3.5%.
Investors cheered SEEK Limited (ASX: SEK) 7.9% higher after a solid earnings report, although Crown Resorts Ltd (ASX: CWN) fell 4.6% after its own earnings report.
Village Roadshow Ltd (ASX: VRL) was one of the worst performing shares for the day, losing 13.4%. Breville Group Ltd (ASX: BRG), on the other hand, rose 12.1%.
Here are Thursday's top stories:
- Here's why the Crown Resorts Ltd share price plunged 8% today
- Blackmores Limited reports monster growth: What you need to know
- PRICE CRASH: Here's why the TEMPLE WEB FPO share price crashed 69% today
- Why the SEEK Limited share price is soaring today
- Why the Breville Group Ltd share price is going gangbusters today
- Here's why Village Roadshow Ltd shares crashed 14% lower today
- Here's why the 1-Page Ltd share price soared 27% today