Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.25% to 5,841.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.29% to 5,940.00
- AUD/USD at US 78.8 cents
- Gold at US$1,335.05 an ounce
- Brent Oil at US$62.84 a barrel
The ASX indices have given up yesterday's gains. A lot of companies have reported today, here's how the market reacted to some of them.
The biggest reaction today was that Domino's Pizza Enterprises Ltd's (ASX: DMP) share price fell by 6.06% in response to its disappointing profit report.
CSL Limited (ASX: CSL) delivered yet another impressive report today, the share price gained 5.08% in response to the 35% profit growth.
Another positive reaction was to Insurance Australia Group's (ASX: IAG) result, the share price rose by 3.16% in response to cash net profit after tax growing by 31.5%.
The Aveo Group (ASX: AOG) share price rose by 3.49% after reporting statutory net profit growth of 23%.
Computershare Limited (ASX: CPU) also reported today, statutory net profit after tax rose by 14%. Management upgraded guidance for the rest of the year, which sent the share price up 4.85%.
The Orora Ltd (ASX: ORA) share price rose by 3.13% today after it reported earnings per share was 14.7% higher than the prior corresponding period.
Myer Holdings Ltd's (ASX: MYR) share price increased by 1.87% today after its CEO stepped down.
Fletcher Building Limited (ASX: FBU) returned to trading today and promptly plummeted 7.13% after reporting more losses than initially flagged.
Finally, Challenger Ltd (ASX: CGF) fell by 4.06% today after several brokers downgraded their price targets for the annuity provider.
Here are some of today's top stories:
- The Domino's Pizza Enterprises Ltd. share price is down 8% on lukewarm results
- Why the CSL Limited share price is up 5% as profits jump 35%
- Why Warren Buffett's bet on Insurance Australia Group Ltd is looking good
- Why Woodside Petroleum Limited is launching a $2.5 billion growth spree
- Aveo Group share price up 3% on its report
