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

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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.

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