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 0.75% to 6,126.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.75% to 6,245.80
- AUD/USD at US 72 cents
- Gold at US$1,193.85 an ounce
- Brent Oil at US$85.06 a barrel
The best-performing ASX 200 share today was lithium mining business Orocobre Limited (ASX: ORE), its share price rose 11.4%. Fellow lithium miner Galaxy Resources Limited (ASX: GXY) also rose strongly – it went up by 7.2%.
Renewable energy business Infigen Energy Ltd’s (ASX: IFN) share price declined 6.7% today and it was the worst performer in the ASX 200.
The rising oil price is hurting airline businesses such as Qantas Airways Limited (ASX: QAN) which fell by 3.3% today.
Shares of technology business Altium Limited (ASX: ALU) fell by 3% today, giving back some of the gains it had made in recent weeks.
Investors continue to question the not-as-bright future of aged care operators with a looming Royal Commission, with Japara Healthcare Ltd (ASX: JHC) shares down by 4%.
Ausdrill Limited (ASX: ASL) shares went up 5.2% today, making it one of the top performers behind the lithium miners.
Finally, Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares dropped 3.1% with the CEO backing plans to compare listed CEO remuneration compared to employees.
Here are some of today’s top stories:
- Are shares of Ramsay Health Care Limited (ASX:RHC) a buy?
- Federal Government declares the mining boom is far from over
- The RBA just kept rates on hold for the 26th month in a row
Discover why this legendary Australian stock-picker just issued a “Double Down” buy alert to his exclusive group of insiders… and why he’s convinced this might be the single most attractive entry point for years to come.
Motley Fool contributor Tristan Harrison owns shares of Altium and JAPARA DEF SET. The Motley Fool Australia owns shares of Altium. 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.