Local shares rebounded today, despite heavy falls from some of the country's biggest stocks.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% to 5215 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4% to 5269 points
- AUD/USD at US 71.43 cents
- Iron Ore at US$48.71 a tonne, according to the Metal Bulletin
- Gold at US$1,107.95 an ounce
- Brent oil at US$48.24 a barrel
The ASX fell briefly into the red-zone this morning, led by BHP Billiton Limited (ASX: BHP) following reports of a disaster involving one of its dams in Brazil. The shares plunged as much as 5.4% but regained some composure as the session went on. They ended 2.5% lower.
Australia and New Zealand Banking Group (ASX: ANZ) also acted as a drag after going ex-dividend. The stock hit a near three-year low but recovered slightly, ending the day 2.6% lower.
Westpac Banking Corp (ASX: WBC) and Commonwealth Bank of Australia (ASX: CBA), on the other hand, gained 1.7% and 1%, while Woolworths Limited (ASX: WOW) regained 1.3%.
Asciano Ltd (ASX: AIO) was the market's top performer, rising 8.1%. Worleyparsons Limited (ASX: WOR) closed 5.6% down, making it the market's worst performing stock for the day.
Here are Friday's top stories:
- Bank returns 'not a constant of the universe'
- BHP Billiton Limited share price shattered after dam disaster
- Dividend report card: Wesfarmers Ltd
- Qube Holdings Ltd v Brookfield – Who will win the battle for Asciano Ltd?
- Here is why these 4 stocks thumped the market in October
- Is it time to pounce on NAB, Cabcharge Australia Limited and ANZ Bank?
