The Santa Rally continued today with the benchmark ASX 200 index closing above 5,600 points as U.S. and global equity markets continue to roar higher.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% to 5613 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4% to 5662 points
- AUD/USD at US 72.6 cents
- Iron Ore at US$79.62 a tonne, according to the Metal Bulletin
- Gold at US$1,135.81 an ounce
- Brent oil at US$55.55 a barrel
The big faller among the blue-chip businesses was Sydney Airport Holdings Ltd (ASX: SYD), with its shares losing around 7% on worries over what conditions the government will impose on it if it is to construct a second new airport at Badgery's Creek.
Elsewhere fallen legal eagle Slater & Gordon Limited (ASX: SGH) admitted the corporate cop ASIC was investigating it for potentially falsifying accounts over the period between 1 December 2014 and 29 September 2015.
Other big fallers among the Top 200 stocks on the market included Sirtex Medical Limited (ASX: SRX) and Estia Health Ltd (ASX: EHE), which fell 1.8% and 1.9% respectively.
The big gainers included the a2 Milk Company Ltd (ASX: A2M) on the back of a trading update and entrepreneurial travel agency Corporate Travel Management Ltd (ASX: CTD). The latter's shares soared 3% higher after the recent announcement of a large new acquisition in the UK.
Here are Wednesday's top stories:
