The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) tumbled 0.8% on Wednesday, following a dip in commodity prices overnight as the final day of reporting season closes.
Here's a quick recap:
- S&P/ASX 200 down 0.8% to 5,433 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5529.40 points
- AUD/USD at US 75.12 cents – down slightly
- Iron Ore at US$59.31 a tonne, according to the Metal Bulletin
- Gold down 0.8% to US$1,313.20 an ounce
- Brent crude oil dropped 1.8% to US$48.39 a barrel
Echoing the falls in commodities South32 Ltd (ASX: S32) and BHP Billiton Limited (ASX: BHP) fell 3.8% and 3.2% respectively to $1.92 and $20.43.
In the top 200, broadcaster Southern Cross Media Group Ltd (ASX: SXL) was the biggest riser gaining 4.8% to $1.515, while gold miner St Barbara Ltd (ASX: SBM) was the biggest loser, sinking 6.9% to $2.83.
Bargain hunters jumped into Surfstitch Group Ltd (ASX: SRF) with the share price soaring more than 23% to 13 cents, following yesterday's 56% fall to 10 cents. Vita Group Limited (ASX: VTG) roared 10.5% higher to $4.84 following a strong profit result.
Under fire law firm Slater & Gordon Limited (ASX: SGH) saw its share price crunched down 11.6% to 42 cents, while Australia and New Zealand Banking Group (ASX: ANZ) posted a gain of 1.4% to $26.90, leading the gains on the ASX 20.
Here are today's top stories:
- Harvey Norman Holdings Limited shares go nuts
- Here's why Vita Group Limited shares have gone gangbusters today
- Atlas Iron Limited posts $159 million loss, should you sell?
- Independence Group NL shares slammed on full year loss, is it time to sell?
- Why investors don't need to own BHP Billiton Limited shares
- Australian Ethical Investment Limited profit rockets, is it a buy?
