The Slater & Gordon Limited (ASX: SGH) share price soared 46.1% today after it announced its new lenders were supportive of a corporate restructure. Meanwhile, the broader market ended the session higher to close out the week.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5799 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5841 points
- AUD/USD at US 76.86 cents
- Iron Ore at US$92.61 a tonne, according to the Metal Bulletin
- Gold at US$1,226.30 an ounce
- Brent oil at US$51.77 a barrel
Slater & Gordon wasn't the only company that rallied today.
The Evolution Mining Ltd (ASX: EVN) share price gained another 4.7% today thanks in large part to the rallying gold price.
The Ramsay Health Care Limited (ASX: RHC) share price also gained 4.2% with Myer Holdings Ltd (ASX: MYR) and IPH Ltd (ASX: IPH) up 5.1% and 6.5%, respectively.
Orocobre Limited (ASX: ORE) and Virtus Health Ltd (ASX: VRT) also ended the week strongly, up 4.3% and 4.1%.
Energy producer Origin Energy Ltd (ASX: ORG) didn't fare so well, shedding 2.2%. The DUET Group (ASX: DUE) share price also fell 2.2% with Mantra Group Ltd (ASX: MTR) down 1.5%.
Here are Friday's top stories:
