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 0.18% to 5,910.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.11% to 6,003.00
- AUD/USD at US 76 cents
- Gold at US$1,326.90 an ounce
- Brent Oil at US$74.30 a barrel
Wesfarmers Ltd (ASX: WES) released its quarterly sales figures today, with Bunnings reporting yet another solid quarter of growth, the share price is up 0.63%.
Westpac Banking Corp (ASX: WBC) was the worst performing bank today as it suffered from a downgrade by investment bank UBS.
The Boral Limited (ASX: BLD) share price dropped by a further 5.23% as investors worry poor trading conditions could continue.
Here are some of today’s top stories:
- APRA-cadabra: Can the regulator banish Australia’s falling house prices?
- Why the ACCC allowed Cleanaway Waste Management Ltd to buy Tox Free Solutions Ltd
- Senex Energy Ltd shares fall on another mixed quarter
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Motley Fool contributor Tristan Harrison owns shares of HEALTHSCPE DEF SET. The Motley Fool Australia owns shares of and has recommended Wesfarmers Limited. 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 Scott Phillips.