Local shares shot higher again today, defying a weak international lead which saw US shares fall on worries of a June interest rate hike.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5351 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5415 points
- AUD/USD at US 72.30 cents
- Iron Ore at US$53.47 a tonne, according to the Metal Bulletin
- Gold at US$1,254.07 an ounce
- Brent oil at US$49.22 a barrel
The miners were back on top today, even though the iron ore price was slammed overnight. Shares of BHP Billiton Limited (ASX: BHP) rose 0.8% while Rio Tinto Limited (ASX: RIO) also gained 1.7%.
The gold miners managed to regain some of yesterday's losses, as well. Beadell Resources Ltd (ASX: BDR), for instance, rose 3.5% while St Barbara Ltd (ASX: SBM) gained 2.5%.
Australia and New Zealand Banking Group (ASX: ANZ) was the best of the banks, rising 0.7%, while Commonwealth Bank of Australia (ASX: CBA) shares also rose 0.5%.
Meanwhile, Metcash Limited (ASX: MTS) shares rose 6.1%, making it one of the best shares on the ASX 200. Japara Healthcare Ltd (ASX: JHC) wasn't so lucky, losing 2.8%.
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