A string of positive earnings results failed to keep the market afloat today as some of the country's biggest shares weighed the market down.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.5% to 5507 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 5607 points
- AUD/USD at US 77.11 cents
- Iron Ore at US$60.87 a tonne, according to the Metal Bulletin
- Gold at US$1,353.34 an ounce
- Brent oil at US$49.71 a barrel
Shares of Webjet Limited (ASX: WEB) soared 20.5% today, while Bapcor Ltd (ASX: BAP) rose 6.1%.
Meanwhile, Treasury Wine Estates Ltd (ASX: TWE) rocketed 11.5% higher, Worleyparsons Limited (ASX: WOR) gained 9.9%, and Iress Ltd (ASX: IRE) rose 9.8%.
But Commonwealth Bank of Australia (ASX: CBA) shares fell 1.2%, while Westpac Banking Corp (ASX: WBC) lost 0.6%, which dragged on the market's returns. Telstra Corporation Ltd (ASX: TLS) also fell 0.6%.
Primary Health Care Limited (ASX: PRY) lost 5.3%, making it one of the market's worst performers for the day, with Mesoblast limited (ASX: MSB) also declining 4.7%.
EVOLUTION FPO (ASX: EVN) did stage something of a comeback from Wednesday though, lifting 4%, while Independence Group NL (ASX: IGO) rose 4% as well.
Here are Thursday's top stories:
- Webjet Limited just wowed the market with 2 words
- Here's why these 4 ASX shares are storming higher today
- Here's why tech share Trade Me Group Ltd is soaring today
- Treasury Wine Estates Ltd made a motza in 2016: What's next?
- Is Service Stream Limited a buy on stellar results?
- Why IPH Ltd is well positioned for future growth
