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 0.52% to 5,759.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.75% to 5,868.90
- AUD/USD at US 77 cents
- Gold at US$1,325.57 an ounce
- Brent Oil at US$69.88 a barrel
One of the best results in the ASX200 today came from APN Outdoor Group Ltd (ASX: APO), it rose by 3.11% today. Super fund HESTA recently became a major shareholder of the advertising company.
The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price finished the day up 1.79% after it was revealed that Nine won the Australian tennis TV rights away from Seven West Media Ltd (ASX: SWM), Seven's share price declined by 2.7%.
It was another bad day for infant formula related stocks after news came of Nestle launching its own A2 protein brand. The Bellamy's Australia Ltd (ASX: BAL) share price was down 8.15% and a2 Milk Company Ltd (ASX: A2M) fell by a further 4.98%.
Some tech shares had terrible days with WiseTech Global Ltd (ASX: WTC) dropping by 6.82% and Altium Limited (ASX: ALU) falling by 6.18%.
The worst performer in the ASX200 was Retail Food Group Limited (ASX: RFG) as it dropped by a further 9.27%.
Finally, lithium stocks had another bad day as Orocobre Limited (ASX: ORE) plunged by 6.13%.
Here are some of today's top stories: