Here’s what happened to the ASX 200 today

Credit: Pictures of Money

Local shares jumped higher today with the ASX 200 once again on track to burst through 5,400 points. The miners did most of the heavy lifting while the banks were also on top.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5395 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 5458 points
  • AUD/USD at US 73.51 cents
  • Iron Ore at US$54.34 a tonne, according to the Metal Bulletin
  • Gold at US$1,279.66 an ounce
  • Brent oil at US$49.19 a barrel

BHP Billiton Limited (ASX: BHP) was one of the big winners from the blue-chips today, rising 3.5%.

Fortescue Metals Group Limited (ASX: FMG) also rose 7.9%, while Woodside Petroleum Limited (ASX: WPL) and Santos Ltd (ASX: STO) gained 2.9% and 6.3%.

National Australia Bank Ltd. (ASX: NAB) shares actually fell 3.1%, although that was after the shares went ex-dividend this morning. Otherwise, the other major banks all ended the day trading higher.

Shares of Independence Group NL (ASX: IGO) rose 6.9%, making them one of the better-performers for the day. Bellamy’s Australia Ltd (ASX: BAL) didn’t perform so well, however, shedding 2.7%.

Here are Tuesday’s top stories:

  1. Warren Buffett takes a bite of Apple: Here are 3 key takeaways for investors
  2. 3 dirt cheap dividend stocks to buy under $5
  3. Top performing small-cap fund manager reveals top 5 shares
  4. This broker thinks BHP Billiton Limited shares are worth $21.50
  5. Why the Clean TeQ Holdings Limited share price is up 122% this year
  6. Why these 4 ASX shares are getting smashed today

Could these just released franked dividend picks turn $15,000 into over $30,000?

When renowned dividend investing pros like Andrew Page issue buy alerts, it pays to listen. Because investors who followed Andrew's recommendation of Australian Pharmaceuticals in early 2015 could've doubled their money in just over a year, turning $15,000 into over $30,000 by the time he recommended they sell and lock in their profits. Chances are you won't want to miss uncovering the names of Andrew's newest share recommendation and short list of 3 dividend Best Buys Now Shares.
So click here to learn more about these potentially life-changing shares.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Apple and has the following options: long January 2018 $90 calls on Apple and short January 2018 $95 calls on Apple. Motley Fool contributor Ryan Newman owns shares of Bellamy's Australia. The Motley Fool Australia owns shares of Bellamy's Australia. 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.