Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.36% to 6,084.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.33% to 6,175.60
- AUD/USD at US 75 cents
- Gold at US$1,313.70 an ounce
- Brent Oil at US$75.50 a barrel
The Orica Ltd (ASX: ORI) share price was one of the worst performers after it reported that it reported it had made a loss, the share price fell by 6.4%.
Platinum Asset Management Limited (ASX: PTM) shares dropped 4.1% today even though it reported funds under management had grown in the month of April.
Rounding out the poor day for investment managers, Pendal Group Limited (ASX: PDL), previously BT Investment Management, saw its share price fall by 6.5% today.
Finally, Seven West Media Ltd (ASX: SWM) continued its impressive run as it grew by 4.3% today, the TV station company has done well since announcing it won the cricket TV rights.
Here are some of today’s top stories:
- 3 key takeaways for Aussie investors from Warren Buffett’s annual Berkshire meeting
- 3 shares both Warren Buffett and Elon Musk would love
- Reece Ltd announces new $2 billion acquisition
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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 Platinum Investment Management 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.