Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Friday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.72% to 5,953.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.66% to 6,042.90
- AUD/USD at US 75 cents
- Gold at US$1,317.75 an ounce
- Brent Oil at US$74.45 a barrel
One of the biggest pieces of news in the ASX200 came from ResMed Inc. (CHESS) (ASX: RMD), the healthcare company unveiled its quarterly result this morning and investors liked it, sending the share price up 2%.
The biggest gain in the ASX200 came from Nanosonics Ltd (ASX: NAN), the infection control company announced that the US FDA had approved its trophon2 device, which sent the share price 8.2% higher.
Investors made the Domino’s Pizza Enterprises Ltd. (ASX: DMP) share price piping hot today, it went up 7.6% on no company-specific news.
Some telecommunications players got a bit of boost today after Telstra Corporation Ltd (ASX: TLS) was hit with a $10 million fine for third party charges for games, apps and videos. The Telstra share price finished the day up 1%, while TPG Telecom Ltd (ASX: TPM) went up by 4.8% and Vocus Group Ltd (ASX: VOC) rose by 4.1%.
At the other end of the performance table, Qantas Airways Limited (ASX: QAN) went down by 2.82% with the oil price at its highest for a while.
Here are some of today’s top stories:
- The debacle at the Royal Commission
- Short interest in the big banks have doubled but guess which is the most shorted bank?
- Is ResMed Inc a blue-chip share of tomorrow?
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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited, Telstra Limited, TPG Telecom Limited, and Vocus Communications Limited. The Motley Fool Australia owns shares of Citadel Group Ltd. The Motley Fool Australia has recommended Domino's Pizza Enterprises Limited and ResMed Inc. 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.