Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Friday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.74% to 5,928.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.78% to 6,028.40
- AUD/USD at US 77.5 cents
- Gold at US$1,318.42 an ounce
- Brent Oil at US$63.90 a barrel
The market fell today, making an unfortunate streak to the end of the week.
The biggest gains in the ASX200 belonged to gold miners today in response to Donald Trump's threat that he will impose tariffs on foreign steel and aluminium. Saracen Mineral Holdings Limited (ASX: SAR) increased by 2.41%, Regis Resources Limited (ASX: RRL) went up by 2.11% and St Barbara Ltd (ASX: SBM) grew by 1.73%.
Domino's Pizza Enterprises Ltd (ASX: DMP) increased by 2.1% on the back of questions regarding its recent share buyback and that Don Meij was selling shares at around the same time.
The lithium miners of Galaxy Resources Limited (ASX: GXY) declined by 6.61% today and Orocobre Limited (ASX: ORE) went down by 4.23% on worries about upcoming oversupply issues.
Another to fall today was Speedcast International Limited (ASX: SDA), it dropped by 4.59% after reaching an all-time high yesterday, so this was likely due to profit taking.
Myer Holdings Ltd (ASX: MYR) have suffered through price declines as the shares dropped by 5.88% today.
Finally, electronic PCB company Altium Limited (ASX: ALU) was finally halted in its tracks today and dropped 4.1%.
Here are some of today's top stories:
