Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.29% to 6,054.70
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.29% to 6,168.80
- AUD/USD at US 80 cents
- Gold at US$1,333.55 an ounce
- Brent Oil at US$69.82 a barrel
The ASX indices have strengthened further today, with the ASX200 cementing its level above 6,000.
The biggest rise in the ASX200 today came from QBE Insurance Group Ltd (ASX: QBE) which rose by 5.7% on news that the company may implement capital returns as it sells off parts of its business.
ASX200 companies Cochlear Limited (ASX: COH) and WiseTech Global Ltd (ASX: WTC) rose by 3.59% and 3.91% respectively on no news today, but shareholders will be happy.
The Macquarie Atlas Roads Limited (ASX: MQA) share price went up by 3.45% as the market reacted further to its toll revenue and traffic statistics update for the quarter.
Pot stock Hydroponics Company Ltd (ASX: THC) went up by 2.79% today on news that it has identified a Canadian business opportunity.
The share price of Swift Networks Group Ltd (ASX: SW1) rocketed upwards 9.3% today after it reported its half-year result.
St Barbara Ltd (ASX: SBM) was one of the worst performers in the ASX200 today, the gold miner fell by 4.16% on news of a broker downgrade.
The Murray River Organics Ltd (ASX: MRG) share price fell by over 10% today after another downgrade and then the shareholders removed the board.
Here are some of today's top stories:
- Here's 10 top stocks I'm tipping for a great 2018
- Bitcoin (BTC) dealt another major blow
- Can shareholders expect capital returns from QBE Insurance Group Ltd?
- Getswift Ltd shares are now suspended until tomorrow
How this conglomerate has quietly doubled its share price in a year
