Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.48% to 6,067.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.48% to 6,176.20
- AUD/USD at US 78.7 cents
- Gold at US$1,317.52 an ounce
- Oil at US$63.60 a barrel
The best performance in the ASX200 today came from JB Hi-Fi Limited (ASX: JBH) which rose by 4.44%. The gain was because Morgan Stanley posted a positive note and put the retailer as overweight because it expects a stronger-than-expected half-year result.
The Nearmap Ltd (ASX: NEA) share price finished the day 7.63% up after posting an impressive increase to its annualised contract value total.
Another strong performance today was from Super Retail Group Ltd (ASX: SUL) which rose 3.42%, it was likely due to the Australian Bureau of Statistics reporting retail growth was much stronger than expected at 1.2%.
The other two top-performing shares in the ASX200 were Retail Food Group Limited (ASX: RFG) and Flight Centre Travel Group Ltd (ASX: FLT), both of which rose by more than 3% today.
Adairs Ltd's (ASX: ADH) share price was another beneficiary of a broker note today, with Goldman Sachs issuing a positive note. The share price was up by 4.76% today.
Creso Pharma Ltd (ASX: CPH) finished the day up 2.4% after announcing that it would be launching a beer which contains a cannabis-derived terpene.
The Auscann Group Holdings Ltd (ASX: AC8) share price finished the day 4.63% down, which is likely from profit-taking after a huge rise over the last week or so.
Another large fall belonged to CarSales.Com Ltd (ASX: CAR), which fell by 4.92% because of a Credit Suisse broker's note due to its high valuation.
Finally, Blackmores Limited (ASX: BKL) fell by 5.39% on no news, which means it was likely profit-takers from the strong share price run since September.
Here are some of today's top stories:
