Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.18% to 6,118.70
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.19% to 6,215.90
- AUD/USD at US 75 cents
- Gold at US$1,312.70 an ounce
- Brent Oil at US$77.89 a barrel
Investors seem particularly confident about Challenger Ltd’s (ASX: CGF) future after the budget, the annuity provider’s share price went up by 1.5%.
The market has soured on shareholder service provider Link Administration Holdings Ltd (ASX: LNK) after the budget, it dropped by 8.3%.
Here are some of today’s top stories:
- Why becoming wealthy with shares is very simple
- Telstra Corporation Ltd is caught up in the US trade sanctions
- AMP Limited hit with two class actions and the threat of more profit downgrades
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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of Xero. 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.