Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.18% to 5,840.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.21% to 5,925.90
- AUD/USD at US 71 cents
- Gold at US$1,220.90 an ounce
- Brent Oil at US$75.47 a barrel
The best-performing ASX 200 share today was lithium miner Orocobre Limited (ASX: ORE), its share price went up 11.7% today.
Another share to rise by double digits today was organic infant formula business Bellamy’s Australia Ltd (ASX: BAL), it rose by 10.1%.
The Challenger Ltd (ASX: CGF) share price rose 3.9% today after the Government confirmed it still wanted to impose a retirement income strategy on retirees in the future.
Shares of AMP Limited (ASX: AMP) rose another 6.9% today on rumours it could be a takeover target.
Ausdrill Limited (ASX: ASL) shares registered the worst drop in the ASX 200 today, it fell 9.9% after giving a business update.
Here are some of today’s top stories:
- Sydney & Melbourne house prices fall another 0.7% in October
- Why Mirvac Group’s (ASX: MGR) share price has crashed to a 9-month low
- Syrah Resources Ltd (ASX:SYR) share price storms higher on insider buying news
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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Corporate Travel Management Limited. The Motley Fool Australia owns shares of National Australia Bank Limited. The Motley Fool Australia has recommended Vocus Communications 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.