Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.32% to 6,146.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.31% to 6,265.20
- AUD/USD at US 72 cents
- Gold at US$1,208.45 an ounce
- Brent Oil at US$84.87 a barrel
The best-performing ASX 200 share today was gold miner Saracen Mineral Holdings Limited (ASX: SAR), its share price shone going up 8.1%.
In-fact, the entire gold mining industry glittered today. The share price of St Barbara Ltd (ASX: SBM) rose 7.4%, Northern Star Resources Ltd (ASX: NST) shares climbed 4.4%, the Evolution Mining Limited (ASX: EVN) share price grew 3.8% and Resolute Mining Limited (ASX: RSG) climbed 3.8%.
Other miners weren't so lucky with iron ore miner Fortescue Metals Group Limited (ASX: FMG) down by 4.1% and lithium miner Pilbara Minerals Ltd (ASX: PLS) shares fell 3.9%.
Infant formula businesses suffered large falls with Bellamy's Australia Ltd (ASX: BAL) down 4.9% and a2 Milk Company Ltd (ASX: A2M) dropping 3.3%.
Finally, the construction engineering business Monadelphous Group Limited (ASX: MND) saw its share price rise 1.6% after announcing a major $240 million contract.
Here are some of today's top stories:
- Freedom Insurance Group Ltd (ASX:FIG) completed its strategic review and things don't look good
- Is Lendlease Group (ASX:LLC) cushioned from the impact of a weakening housing market?
- Do airlines like Qantas Airways Limited (ASX:QAN) make great investments?
- Why Ardent Leisure Group (ASX:AAD) shares are closing in on a 52-week low
- Amazon doubles wages of US workers
