Local shares continued their ascent today, setting a new 2016 high for the benchmark index.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5643 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5691 points
- AUD/USD at US 72.43 cents
- Iron Ore at US$79.19 a tonne, according to the Metal Bulletin
- Gold at US$1,131.09 an ounce
- Brent oil at US$54.62 a barrel
Sydney Airport Holdings Ltd (ASX: SYD) was one of the most heavily traded shares following its sharp decline on Wednesday. Its shares fell another 1% today.
Small-cap Bulletproof Group Ltd (ASX: BPF) slipped 13.7% following its revenue downgrade this morning.
Caltex Australia Limited (ASX: CTX) declined 1.2% after it announced a major acquisition of a New Zealand-based company this morning.
Legal eagles Slater & Gordon Limited (ASX: SGH) and Shine Corporate Ltd (ASX: SHJ) continued to slide. Their shares fell 6.1% and 4.8%, respectively.
Aged care operator Estia Health Ltd (ASX: EHE) was among the worst stocks. Its shares dropped 5.3%.
On a much more positive note, Bega Cheese Ltd (ASX: BGA) was one of the market's top performers again today. Its shares gained 6%. TPG Telecom Ltd (ASX: TPM) and Vocus Communications Limited (ASX: VOC) were strong too, lifting 3.9% and 3.5%, respectively.
Here are Thursday's top stories:
- 3 tech shares I'm tipping for market-thumping returns in 2017
- Why the Bega Cheese Ltd share price is soaring on its infant formula update
- Why the Bulletproof Group Ltd share price is tumbling on lower guidance
- Do you own the ASX equivalent to Warren Buffett's Berkshire Hathaway?
- 5 dividend shares on my watch list for 2017
- 3 shares I wish I bought at the start of 2016
