The Orocobre Limited (ASX: ORE) share price was on the back foot with investors today as its production downgrade and heavy short interest continued to weigh on the price. The ORE share price closed Tuesday's session 5.3% lower, although the broader market managed to stay afloat.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.3% to 5761 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5801 points
- AUD/USD at US 76.18 cents
- Iron Ore at US$89.73 a tonne, according to the Metal Bulletin
- Gold at US$1,226.32 an ounce
- Brent oil at US$55.92 a barrel
The iSentia Group Ltd (ASX: ISD) share price continued to gain steam today, adding to yesterday's strong gain. The ISD share price rose 7.1% for the day.
The Nextdc Ltd (ASX: NXT) share price also delivered a strong performance, rising 2.9%, with Ardent Leisure Group (ASX: AAD) up 3.9% and DuluxGroup Limited (ASX: DLX) rising 2.2%.
The blue chips produced mixed results for the day. National Australia Bank Ltd. (ASX: NAB) shares lifted 0.7% while Fortescue Metals Group Limited (ASX: FMG) gained 1.1%, but BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) both ended the day in the red, down 1% and 0.8%, respectively.
The Medibank Private Ltd (ASX: MPL) share price fell too, down 1.1%.
Regis Resources Limited (ASX: RRL) and Evolution Mining Ltd (ASX: EVN) were among the other businesses that struggled today following another dip in the price of gold. The pair slipped 5.9% and 3.7%.
Here are Tuesday's top stories: