Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.02% to 6,185.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.01% to 6,299.10
- AUD/USD at US 73 cents
- Gold at US$1,196.35 an ounce
- Brent Oil at US$81.46 a barrel
The best-performing ASX 200 share today was oil company Beach Energy Ltd (ASX: BPT), its share price rose by nearly 6% today on the back of the increasing oil price. The Santos Ltd (ASX: STO) share price also went up by 2.8% today thanks to the oil price.
As you can imagine, businesses that are exposed to the oil price as a cost went down today. The Qantas Airways Limited (ASX: QAN) share price had fallen by 1.7% at close of trade.
The share price of rare materials miner Lynas Corporation Ltd (ASX: LYC) fell by another 5% today on Malaysian worries.
Gold miners had another terrible day today, with St Barbara Ltd (ASX: SBM) being the worst affected as it fell 5.2%. Regis Resources Limited (ASX: RRL) also dropped 4.7%.
However, the worst fall in the ASX 200 belonged to Webjet Limited (ASX: WEB), the travel business' share price went down 6% as a likely result of the oil price rise.
Finally, the InvoCare Limited (ASX: IVC) share price went up 0.9% today after announcing yet another acquisition.
Here are some of today's top stories:
- Why the ASX is getting an economic boost today
- How you can buy this top quality company for a 30% discount
- Woolworths Group Ltd (ASX:WOW) may have new plans for its petrol business divestment
- Magellan's (ASX:MFG) Hamish Douglass is backing this new $500 million LIC
