Here’s what happened to the S&P/ASX 200 today

Local shares shot higher again today, defying a weak international lead which saw US shares fall on worries of a June interest rate hike.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5351 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5415 points
  • AUD/USD at US 72.30 cents
  • Iron Ore at US$53.47 a tonne, according to the Metal Bulletin
  • Gold at US$1,254.07 an ounce
  • Brent oil at US$49.22 a barrel

The miners were back on top today, even though the iron ore price was slammed overnight. Shares of BHP Billiton Limited (ASX: BHP) rose 0.8% while Rio Tinto Limited (ASX: RIO) also gained 1.7%.

The gold miners managed to regain some of yesterday’s losses, as well. Beadell Resources Ltd (ASX: BDR), for instance, rose 3.5% while St Barbara Ltd (ASX: SBM) gained 2.5%.

Australia and New Zealand Banking Group (ASX: ANZ) was the best of the banks, rising 0.7%, while Commonwealth Bank of Australia (ASX: CBA) shares also rose 0.5%.

Meanwhile, Metcash Limited (ASX: MTS) shares rose 6.1%, making it one of the best shares on the ASX 200. Japara Healthcare Ltd (ASX: JHC) wasn’t so lucky, losing 2.8%.

Here are Friday’s top stories:

  1. 4 tips to become a great investor – from a great investor
  2. 9 out of 10 SMSF owners are making this huge mistake
  3. Is it time to buy Woodside Petroleum Limited and Santos Ltd shares?
  4. Webjet Limited jumps 7% on company update: Should you buy?
  5. Does JB Hi-Fi Limited face a bidding war over The Good Guys?
  6. 4 buy and hold bargains to buy today
  7. A Coca-Cola Amatil Ltd shareholder’s worst nightmare

Why These 3 Blue Chip Shares Look Set to Soar in 2016

Discover The Motley Fool's top 3 blue chips for 2016. These 3 'new breed' shares pay fully franked dividends AND offer the very real prospect of significant capital appreciation. Simply click here to gain access to this comprehensive FREE investment report.

No credit card required.

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.