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 1.05% to 5,843.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.02% to 5,944.90
- AUD/USD at US 71 cents
- Gold at US$1,223.80 an ounce
- Brent Oil at US$79.47 a barrel
The best-performing ASX 200 share today was private hospital business Healthscope Ltd (ASX: HSO), it rose 19.3% after receiving another preliminary takeover offer from a consortium led by BGH.
Shares of organic infant formula business Bellamy's Australia Ltd (ASX: BAL) rose 4.7% today, making it one of the strongest risers.
Gold miner Resolute Mining Limited (ASX: RSG) dropped 11.3% after giving investors its quarterly activities report.
Furniture retailer Nick Scali Limited (ASX: NCK) ended the day down 5.5% after saying trading conditions were becoming difficult due to a tough housing market and a lower Australian dollar.
The share price of Brambles Limited (ASX: BXB) dropped 0.2% after giving its first quarter trading update at the AGM.
Energy businesses AGL Energy Limited (ASX: AGL) and Origin Energy Ltd (ASX: ORG) fell 2.7% and 4.4% respectively, with the government announcing it will set a default tariff for house electricity which should act as a cap on prices.
Finally, real estate agent business Mcgrath Ltd (ASX: MEA) declined 4.5% with the negative housing market impacting business performance.
Here are some of today's top stories:
- Why Transurban Group (ASX:TCL) could be the best dividend share for the next 20 years
- Here's why I don't regret selling my shares in Asaleo Care Ltd (ASX:AHY)
- Why this top broker thinks Australia and New Zealand Banking Group (ASX:ANZ) will underperform in short-term
- Why I'm investing in this industry at the moment
