MENU

Here’s what happened to the ASX 200 today

Credit: Mark Moz

The ASX endured a topsy-turvy day but ultimately ended the session on top.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5320 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5387 points
  • AUD/USD at US 73.71 cents
  • Iron Ore at US$58.29 a tonne, according to the Metal Bulletin
  • Gold at US$1,280.09 an ounce
  • Brent oil at US$45.90 a barrel

Australia’s biggest banks have helped pull the ASX out of an intraday rut, dragging the main index above 5300 points once again.

Commonwealth Bank of Australia (ASX: CBA) shares lifted 1.9%, despite a rather lacklustre third-quarter earnings result this morning. Westpac Banking Corp (ASX: WBC) and National Australia Bank Ltd. (ASX: NAB) also rose 1% and 0.9%.

Australia and New Zealand Banking Group (ASX: ANZ) was the only one of the majors to end the day in the red after its shares went ex-dividend. The shares fell 3%.

BHP Billiton Limited (ASX: BHP) also managed to recover most of its losses, but still ended the day 0.3% lower, while Rio Tinto Limited (ASX: RIO) shares dropped 2.1% as well.

Blackmores Limited (ASX: BKL) was one of the market’s top performing shares, rising 5.5%. Orica Ltd (ASX: ORI), on the other hand, dropped 12.3%.

Here are Monday’s top stories:

  1. Why the Australia and New Zealand Banking Group share price is getting crunched today
  2. Commonwealth Bank of Australia reports: What you need to know
  3. What to expect after the Westpac Banking Corp and ANZ Bank home loan fraud revelations
  4. 3 ASX tech shares that could make you a millionaire
  5. Why shares of these 6 ASX gold miners are skyrocketing
  6. The little known way to crush the ASX in 2016

New Potentially Life-Changing Share Picks Just Released

The Motley Fool's renowned dividend investing guru recently revealed his newest dividend buy recommendation and short list of 3 Best Dividend Buys Now. Which means if you're reading this message right now, you're not on the list to uncover their names before they potentially go gangbusters. Simply click here to learn more about these shares.

Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.