Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.30% to 5,820.70
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.30% to 5,919.70
- AUD/USD at US 78.3 cents
- Gold at US$1,321.30 an ounce
- Brent Oil at US$63.35 a barrel
The ASX indices have dropped further today, with both indices falling further away from 6,000. A lot of companies have reported today, here’s how the market reacted to some of them.
Without doubt, the worst reaction has been to JB Hi-Fi Limited’s (ASX: JBH) result, even though it did mostly report a decent set of numbers. Investors sent the share price down 8% today due to lower-than-expected guidance for FY18.
The Praemium Ltd (ASX: PPS) share price has fallen by 4.44% after disappointing investors with its report.
Here are some of today’s top stories:
- JB Hi-Fi Limited hands in its profit report and the share price plunges
- Ansell Limited shares push higher on 26% EPS growth
- Is Aventus Retail Property Fund’s monster dividend yield too good to refuse?
- Getswift Ltd updates the market: What you need to know
- WAM Capital Limited reports half-year profit up 48%
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Motley Fool contributor Tristan Harrison owns shares of WAM Capital Limited. The Motley Fool Australia has recommended Mitula Group. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.