Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.34% to 5,505.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.36% to 5,572.90
- AUD/USD at US 71 cents
- Gold at US$1,244.30 an ounce
- Brent Oil at US$56.36 a barrel
The best-performing ASX 200 share today was NIB Holdings Limited (ASX: NHF), the private health insurer share price went up 3.3%, it announced yesterday it has been approved for an average premium increase of 3.38% in 2019.
The share price of Medibank Private Limited (ASX: MPL) also went up 3.3%, it announced yesterday it had been approved for an average premium increase of 3.3%.
Shares of accounting software company Myob Group Ltd (ASX: MYO) fell nearly 14% after potential acquirer KKR decided to decrease its offer price to $3.40, which seems it won't be accepted.
The share price of Greencross Limited (ASX: GXL) finished up 1.3% after getting court approval for a vote on the ongoing takeover process.
It was a terrible day for lithium shares. The share prices of Orocobre Limited (ASX: ORE) and Galaxy Resources Limited (ASX: GXY) dropped 13.6% and 10.2% respectively due to lower prices achieved for what Orocobre produced.
In-fact it was a rough day for most resource-related and commodity-type shares. The share price of heavy equipment company Emeco Holdings Limited (ASX: EHL) declined by 7.8% and BlueScope Steel Limited (ASX: BSL) shares fell 7.4%.
Sydney Airport operator Sydney Airport Holdings Pty Ltd (ASX: SYD) reported more international passenger growth, but its share price fell 1.4% today.
Finally, the BWX Limited (ASX: BWX) share price was hammered 46.7% today as it downgraded its expectations for the FY19 profit again.
Here are some of today's top stories:
