Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.16% to 5,580.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.21% to 5,650.00
- AUD/USD at US 72 cents
- Gold at US$1,250.43 an ounce
- Brent Oil at US$56.58 a barrel
The best-performing ASX 200 share today was gold miner Regis Resources Limited (ASX: RRL), its share price rose 5.9% thanks to the current market volatility.
Shares of Commonwealth Bank of Australia (ASX: CBA) went up 1.2% after APRA announced it was going to end the limits on interest only loans and investor lending.
The worst fall in the ASX 200 belonged to Bega Cheese Ltd (ASX: BGA) which dropped 12.3% after providing a disappointing market update which it blamed on the current drought conditions.
Shares of Origin Energy Ltd (ASX: ORG) fell 5.7% today with oil prices getting close to 52-week lows.
However, a falling oil price isn't bad news for everyone. It's good for us at the fuel pumps and it's good for Qantas Airways Limited (ASX: QAN) which saw its share price go up 5.1%.
Australia and New Zealand Banking Group (ASX: ANZ) held its AGM today and also benefitted from the APRA announcement, sending the share price up by 1.1%.
The approved private health insurance premium rises were announced today, the lowest for many years. The Medibank Private Limited (ASX: MPL) share price went up 1.7%, but the NIB Holdings Limited (ASX: NHF) share price fell 0.4%.
Here are some of today's top stories:
