The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) rocketed higher again today, driven by further gains from the resources sector.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.3% to 5484 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1.3% to 5549 points
- AUD/USD at US 74.18 cents
- Iron Ore at US$74.90 a tonne, according to the Metal Bulletin
- Gold at US$1,213.88 an ounce
- Brent oil at US$49.07 a barrel
BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) gained 2.7% and 2.5% today after the iron ore price soared overnight. South32 Ltd (ASX: S32) ended the session 5.9% higher as well.
The banks were strong, too. Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) rose 1.3% and 1.1%, respectively, with all four banks ending the session more than 1% higher. Telstra Corporation Ltd (ASX: TLS) also lifted 2%.
Elsewhere, Nearmap Ltd (ASX: NEA) shares were suspended following a capital raising, despite stating just two days ago that it "does not require new capital in order to progress its existing business plan."
Programmed Maintenance Services Limited (ASX: PRG) soared 8.1% following a strong earnings result, with Webjet Limited (ASX: WEB) also rising 9.7%.
Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) wasn't so lucky, shedding 6.7%. Its rival ResMed Inc. (CHESS) (ASX: RMD) also fell 2.4%.
Here are Wednesday's top stories:
- Why the ASX 200 could hit 5,900 points before 2017
- Nearmap Ltd raising capital after saying it didn't need any
- Why these 4 shares are SMASHING it out of the park today
- Donald Trump: Making BHP Billiton shares great again
- Fisher & Paykel Healthcare Corp Ltd shares plunge: Is it a bargain?
- 3 healthcare shares I think are in the buy zone right now