Local shares traded mostly flat today in the lead up to the long weekend.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) flat at 5166 points.
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5230 points.
- AUD/USD at US 75.95 cents
- Iron Ore at US$58.82 a tonne, according to the Metal Bulletin
- Gold at US$1,245.13 an ounce
- Brent oil at US$41.45 a barrel
In what was another quiet day for local investors, the share market ended the day where it started.
Telstra Corporation Ltd (ASX: TLS) shares managed to eke out a 1.4% gain even though its mobile customers endured the fourth network outage in less than two months.
The miners produced mixed results. BHP Billiton Limited (ASX: BHP) closed 1.5% lower, but South32 Ltd (ASX: S32) gained 1%.
The banks were mostly lower as well. Australia and New Zealand Banking Group (ASX: ANZ) and National Australia Bank Ltd. (ASX: NAB) fell 1.7% and 1.5%, respectively. Trading was tamer for both Westpac Banking Corp (ASX: WBC) and Commonwealth Bank of Australia (ASX: CBA) which fell 0.3% each.
Ardent Leisure Group (ASX: AAD) and TPG Telecom Ltd (ASX: TPM) were two of the market's best performers for the day, lifting 11.8% and 7.2%. Independence Group NL (ASX: IGO), on the other hand, fell 4.4%.
Here are Tuesday's top stories:
- What will you do with YOUR share of this $19 billion?
- Another outage for Telstra Corporation Ltd: What does this mean for investors?
- 5 reasons SEEK Limited shares can continue to climb
- Is iron ore heading back to US$60 a tonne?
- 3 blue-chip ASX shares oozing franked dividends
- Is the Australian dollar set to fall below US65 cents?
- TPG Telecom Ltd turns it on with more gangbusters growth
