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Here’s what happened to the ASX 200 today

Not even the plunging oil or iron ore prices could stop the ASX from recording another day in the black today, with the banks more than offsetting the miners’ losses.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% to 5342 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.3% to 5403 points
  • AUD/USD at US 73.29 cents
  • Iron Ore at US$54.99 a tonne, according to the Metal Bulletin
  • Gold at US$1,266.01 an ounce
  • Brent oil at US$43.75 a barrel

Shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) dropped 3.2% and 2.9% today. Woodside Petroleum Limited (ASX: WPL) and South32 Ltd (ASX: S32) also lost 3.3% and 4.9%.

But coming to their rescue were Commonwealth Bank of Australia (ASX: CBA), Australia and New Zealand Banking Group (ASX: ANZ) and National Australia Bank Ltd. (ASX: NAB), which all rallied between 1.3% and 2.9%.

Incitec Pivot Ltd (ASX: IPL) also put on a show, rising 9.1%.

At the other end of the spectrum, however, was Greencross Limited (ASX: GXL), which fell 6.7%.

Here are Tuesday’s top stories:

  1. Why the BHP Billiton Limited and Rio Tinto Limited share prices are getting hammered today
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  4. Broker tips Blackmores Limited shares to hit $215
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  7. 4 shares to profit from a falling Australian dollar 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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