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 1.57% to 5,557.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.47% to 5,625.60
- AUD/USD at US 70 cents
- Gold at US$1,285.70 an ounce
- Brent Oil at US$53.10 a barrel
The best-performing ASX 200 share today was healthcare business Healius Ltd (ASX: HLS), it rose by 9.4%.
China-related ASX shares had a pretty strong day with the Bellamy's Australia Ltd (ASX: BAL) share price rising by 3.8% and the Blackmores Limited (ASX: BKL) share price up by 2.7%.
The big banks had a bad day with the latest CoreLogic results showing more property price declines in Melbourne and Sydney, the Commonwealth Bank of Australia (ASX: CBA) share price fell nearly 2% and Westpac Banking Corp (ASX: WBC) shares dropped 2.2%.
Speedcast International Ltd (ASX: SDA) continued its decline today with a drop of 5.5% of its share price.
The medicinal cannabis sector smoked the ASX index today with Creso Pharma Ltd (ASX: CPH) shares going up by 10.2% thanks to Israel's Parliament approving medicinal cannabis for exporting.
The share price of natural beauty business BWX Ltd (ASX: BWX) rose by 4.4%, perhaps due to the news that many US court documents will be kept secret in its US legal case.
Here are some of today's top stories:
- The Starpharma Holdings share price slumped 10.5% on Wednesday
- Is a market crash and global recession coming in 2019?
- Motley Fool Money: The business and investing podcast
BWX may have recovered some of its lost ground today, but it still has a way to recover to its pre-takeover share price. There may be more reliable investment opportunities out there right now.
