Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.00% to 5,658.30
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.95% to 5,732.90
- AUD/USD at US 72 cents
- Gold at US$1,239.95 an ounce
- Brent Oil at US$60.19 a barrel
The best-performing ASX 200 share today was Mineral Resources Limited (ASX: MIN), its share price rose by 10.5% with the share price getting a chance to react to the sale process agreement for the Wodgina Lithium Project announcement after close on Friday.
It was a red day for Australian Pharmaceutical Industries Ltd (ASX: API), its share price dropped 7.5% as doubts emerged about the likelihood of its merger with Sigma Healthcare Ltd (ASX: SIG), which fell by 1.72%.
The shares of Emeco Holdings Limited (ASX: EHL) rose 6.9%, making the heavy equipment business one of the top performers in the ASX 200.
Shares of BHP Group Ltd (ASX: BHP) rose 3.5%, it announced it will pay all shareholders a US$1.02 per share special dividend.
The National Australia Bank Ltd (ASX: NAB) share price fell 0.6%. After the market closed today NAB responded to the Reserve Bank of New Zealand’s additional capital requirements framework.
Finally, shares of Vocus Group Ltd (ASX: VOC) rose by 5.4%, with one of the directors purchasing some shares on the market.
Here are some of today’s top stories:
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. 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.