Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.68% to 6,215.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.67% to 6,300.20
- AUD/USD at US 74 cents
- Gold at US$1,252.76 an ounce
- Brent Oil at US$78.17 a barrel
The best-performing ASX 200 share today was Flight Centre Travel Group Ltd (ASX: FLT), the travel agent business' shares were up 3.8% today after a positive broker note was issued.
However, it was a bad day for a lot of other shares. The worst performer in the ASX 200 was AGL Energy Ltd (ASX: AGL), it fell 7% due a negative broker note and comments made by the ACCC.
The Altium Limited (ASX: ALU) share price fell nearly 5% after it received a negative broker note as well.
Shares of National Veterinary Care Ltd (ASX: NVL) declined by 8.6% after the company revealed its profit margins wouldn't be as high as expected for FY18.
Another business to fall heavily today was Pendal Group Limited (ASX: PDL), its shares dropped 4.7% on further negative reaction to yesterday's funds under management update.
The share prices of Rural Funds Group (ASX: RFF) and Corporate Travel Management Ltd (ASX: CTD) will come under scrutiny when they start trading again. Rural Funds is expected to announce a capital raising to acquire some more cattle farms and Corporate Travel Management announced a Hong Kong acquisition.
Finally, the share price of Bank of Queensland Limited (ASX: BOQ) went up 1.2% after Citi raised the idea of it merging with Suncorp Group Ltd (ASX: SUN). Suncorp fell 0.1% in response.
Here are some of today's top stories:
