Local shares rebounded today, reversing some of Monday's heavy losses. That said, the market did give up some of its gains as the day wore on.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5478 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5573 points
- AUD/USD at US 75.71 cents
- Iron Ore at US$59.14 a tonne, according to the Metal Bulletin
- Gold at US$1,323.90 an ounce
- Brent oil at US$49.39 a barrel
Shares of BHP Billiton Limited (ASX: BHP) ended the session 0.9% higher after the miner updated the market regarding the Samarco tragedy that occurred in November 2015.
Fortescue Metals Group Limited (ASX: FMG) gained 3.9%, while Rio Tinto Limited (ASX: RIO) rose 0.8%.
The gold miners also enjoyed stronger performances today after getting smashed on Monday. Silver Lake Resources Limited. (ASX: SLR) closed 5.3% higher, while EVOLUTION FPO (ASX: EVN) jumped 6%.
Austal Limited (ASX: ASB) also gained 14%, while Ramsay Health Care Limited (ASX: RHC) and Select Harvests Limited (ASX: SHV) gained 7.8% and 6.5%, respectively.
Woolworths Limited (ASX: WOW) shares, on the other hand, declined 2.4% following reports that its Masters sale could be delayed.
Estia Health Ltd (ASX: EHE) lost another 15.1%, while Greencross Limited (ASX: GXL) lost 3%.
Slater & Gordon Limited (ASX: SGH) had a rough day as well, shedding 15.2%, while Surfstitch Group Ltd (ASX: SRF) shares more than halved in price, losing 54.4%.
Here are Tuesday's top stories:
- Slammed: Slater & Gordon Limited shares sent down on $1 billion loss
- Ramsay Health Care Limited reports huge profits, is it time to invest?
- Why the FlexiGroup Limited share price is roaring today
- Is Capitol Health Ltd cheap or a value trap?
- Smashed: Why Gage Roads Brewing Co Limited and Surfstitch Group Ltd are sinking today
- 2 ASX shares I'd buy with $2,000 right now
- 9 dividend stocks with yields of more than 10%
