The local share market staged a miraculous comeback today after an early plunge.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5106 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5156 points
- AUD/USD at US 71.32 cents
- Iron Ore at US$39.43 a tonne, according to the Metal Bulletin
- Gold at US$1,054.14 an ounce
- Brent oil at US$37.12 a barrel
Local shares plunged as much as 1.5% earlier in the session, but fought valiantly until the very end to ultimately record their third consecutive day of gains.
The big four banks produced mixed results today. Australia and New Zealand Banking Group (ASX: ANZ) and National Australia Bank Ltd. (ASX: NAB) closed 0.2% and 0.6% lower, while Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) ended the day 1.1% and 0.3% higher.
Wesfarmers Ltd (ASX: WES) and Telstra Corporation Ltd (ASX: TLS) were two other blue chips in the black, rising 1.5% and 0.7%, while Greencross Limited (ASX: GXL) shares surged another 11.3% for the day.
BHP Billiton Limited (ASX: BHP) shares fell 0.9% in another disappointing session for the miner. But it wasn't as bad as Liquefied Natural Gas Ltd (ASX: LNG) or Slater & Gordon Limited (ASX: SGH) which fell 8.7% and 6.7% respectively.
Here are Friday's top stories:
- Corporate Travel Management Ltd shares take off on profit upgrade
- 2 reasons why the BHP Billiton Limited share price crashed again
- Why the A2 MILK FPO NZ share price could soar like Bellamy's Australia Ltd
- Is a bidding war about to break out over Greencross Limited?
- Where next for the Slater & Gordon Limited share price?
- 5 shares to benefit from a lower Australian dollar in 2016
