The ASX closed lower today. However, it did manage to pare back some of its losses as financial markets received a boost in confidence over Hilary Clinton's election campaign following the first US presidential debate.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.5% to 5405 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.5% to 5493 points
- AUD/USD at US 76.72 cents
- Iron Ore at US$56.77 a tonne, according to the Metal Bulletin
- Gold at US$1,335.00 an ounce
- Brent oil at US$47.12 a barrel
Australia's major banks all fell today, although not as heavily as a number of global banks did overnight. Westpac Banking Corp (ASX: WBC) was the worst for the day, shedding 1.3%, while Commonwealth Bank of Australia (ASX: CBA) dropped 1%.
Woolworths Limited (ASX: WOW) also fell 1.4%, with Telstra Corporation Ltd (ASX: TLS) ending the session 1.5% lower.
Other big losers for the day included Medibank Private Ltd (ASX: MPL), down 4%, and Whitehaven Coal Limited (ASX: WHC), down 3.1%.
However, those losses were nothing compared to the poleaxing endured by Intueri Education Group Ltd (ASX: IQE). The shares crashed 80% for the day, which you can read about here.
Elsewhere, Bapcor Ltd (ASX: BAP) shares were placed in a trading halt pending a major acquisition and capital raising.
The gold miners were among the best for the day. St Barbara Ltd (ASX: SBM) rose 4%, while Independence Group NL (ASX: IGO) and Newcrest Mining Limited (ASX: NCM) lifted 3.9% and 2.1%, respectively.
Here are Tuesday's top stories:
- Supercharge your portfolio with these 4 small cap stars
- Why the Intueri Education Group Ltd share price has crashed 77% today
- How to know when to sell your shares
- Flight Centre Travel Group Ltd expands into Europe: Is it a buy?
- TPG Telecom Ltd director buys $862k in shares
- 3 under-the-radar growth stocks for your watch list
- Slammed! Should you buy these 4 beaten-up shares?
