Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.57% to 6,172.30
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.52% to 6,292.60
- AUD/USD at US 72 cents
- Gold at US$1,191.65 an ounce
- Brent Oil at US$83.10 a barrel
The best-performing ASX 200 share today was cloud accounting software business Xero Limited (ASX: XRO), its share price rose 3.3% after announcing last week it would be raising money for acquisitions.
Shares of agricultural chemical business Nufarm Limited (ASX: NUF) fell another 9.7% after completing its institutional offer.
The share prices of the major banks all fell today with the Royal Commission and house price falls on investors' minds. Commonwealth Bank of Australia (ASX: CBA) fell 1.4% and Westpac Banking Corp (ASX: WBC) declined 1.5%.
Gold miner Northern Star Resources Ltd (ASX: NST) shares went up 0.6% after the company announced that it had completed its Pogo Gold Project.
Shares of Afterpay Touch Group Ltd (ASX: APT) dropped 3.1%, making it one of the worst ASX 200 performers, alongside Australian Pharmaceutical Industries Ltd's (ASX: API) 3.8% fall.
Finally, the share price of software business Altium Limited (ASX: ALU) went up 1%, continuing its recovery.
Here are some of today's top stories:
- Why Qantas Airways Limited (ASX:QAN) sold its shares in Helloworld Travel Ltd (ASX:HLO)
- Can Opthea Ltd (ASX:OPT) be the next Cochlear Limited (ASX:COH)?
- Why Rio Tinto Limited (ASX:RIO) may lag BHP Billiton Limited (ASX:BHP) despite its $4.9b payday
- Here's why I think the best time to start investing is now
