The Medibank Private Ltd (ASX: MPL) share price had its turn in the spotlight today. The MPL share price dropped 3.9% for the day following a rather disappointing earnings update.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.2% to 5805 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.2% to 5851 points
- AUD/USD at US 77.1 cents
- Iron Ore at US$90.06 a tonne, according to the Metal Bulletin
- Gold at US$1,238.51 an ounce
- Brent oil at US$55.74 a barrel
Medibank Private wasn't the only company that disappointed investors today.
The Sigma Pharmaceutical Limited (ASX: SIP) share price fell 4% after it released a trading update today. Mayne Pharma Group Ltd (ASX: MYX) shares also dropped 3.5%.
Meanwhile, Ansell Limited (ASX: ANN) and Mantra Group Ltd (ASX: MTR) fell 3.3% and 5.6%, respectively, with the latter reporting a 15.9% increase in half-year revenue and a 15.1% increase in underlying net profit after tax.
On a more positive note, the SEEK Limited (ASX: SEK) share price rallied 5.7% on a potential transaction regarding its New York Stock Exchange listed subsidiary Zhaopin.
Link Administration Holdings Ltd (ASX: LNK) shares also gained 4.2% while the Computershare Ltd (ASX: CPU) share price rose another 1.3%.
The South32 Ltd (ASX: S32) share price gained 2.7% after the miner reported an 8% increase in revenue and earnings of US$479 million, up from US$26 million in the prior corresponding period.
Gold miners St Barbara Ltd (ASX: SBM) and Evolution Mining Ltd (ASX: EVN) also rose 2.2% and 1.7%, respectively.
Here are Friday's top stories:
