Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.16% to 6,013.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.13% to 6,121.70
- AUD/USD at US 75 cents
- Gold at US$1,304.50 an ounce
- Brent Oil at US$75.40 a barrel
Another share to skyrocket today was Retail Food Group Limited (ASX: RFG) after the under-pressure food chain franchisor announced its new CEO, the share price rose by 7.4%.
The Greencross Limited (ASX: GXL) share price continues to recover, it went up another 3.7% today on news that private equity is looking at the pet company.
APN Outdoor Group Ltd (ASX: APO) shares increased by a further 4.9% after issuing its profit guidance for FY18 yesterday.
The share price of Corporate Travel Management Ltd (ASX: CTD) fell by 5.8% today, making it the worst performer in the ASX200.
Finally, Brickworks Limited (ASX: BKW) went down 1.4% after announcing it might sell a property for $41 million in the next seven months.
Here are some of today’s top stories:
- The ASX sectors facing downgrades as Chinese investors flee Aussie property market
- Ramsay Health Care Limited (ASX:RHC) shares hit a 2-year low: Is it time to invest?
- Telstra Corporation Ltd (ASX:TLS) downgraded by Standard & Poor’s
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Harvard Business Review calls it, “the most important general-purpose technology of our era.”
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After all we have been hearing about AI for years…but it never really lived up to the hype…so what’s finally unlocked this huge tidal wave of innovation?
Motley Fool contributor Tristan Harrison owns shares of Greencross Limited. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Greencross Limited. The Motley Fool Australia has recommended Brickworks. 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.