Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.15% to 6,107.00
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.15% to 6,208.10
- AUD/USD at US 75 cents
- Gold at US$1,320.60 an ounce
- Brent Oil at US$78.20 a barrel
One of the best performers today has been InvoCare Limited (ASX: IVC), the funeral provider went up by 5.14% after getting an upgrade from Citi whilst Macquarie Group Ltd (ASX: MQG) announced it was a substantial shareholder yesterday, Macquarie went up almost 2% today.
Other shares to fall today were a2 Milk Company Ltd (ASX: A2M) and Bellamy’s Australia Ltd (ASX: BAL) after a2 updated the market with its third quarter figures and the FY18 outlook, which wasn’t as good as the market was expecting. A2 shares dropped 13% and Bellamy’s dropped almost 10%.
Sigma Healthcare Ltd (ASX: SIG) dropped nearly 6% today after the CEO gave an address to shareholders saying that the company was trading in challenging conditions.
The top performer in the ASX200 was Whitehaven Coal Ltd (ASX: WHC), it has continued its winning streak and went up 6.8%.
Finally, Domino’s Pizza Enterprises Ltd. (ASX: DMP) delivered a pleasing 4.2% return today on no specific company news.
Here are some of today’s top stories:
- Is the Harbour Energy Santos Ltd takeover a done deal?
- Top managers pick their favourite share ideas
- Has the share price of Myer Holdings Ltd reached a turning point?
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Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Domino's Pizza Enterprises 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.