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 1.36% to 5,633.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.23% to 5,694.60
- AUD/USD at US 69 cents
- Gold at US$1,288.60 an ounce
- Brent Oil at US$54.19 a barrel
The best-performing ASX 200 share today was lithium company Pilbara Minerals Ltd (ASX: PLS), its share price rose by 16% thanks to two pleasing announcements it made earlier today.
Healthcare business Healius Ltd (ASX: HLS) went up another 7.8% after announcing it is the target of a takeover effort.
Shares of Speedcast International Ltd (ASX: SDA) went up 7.3%, marking another day of volatility for the remote data business.
The worst performer of the ASX 200 was Super Retail Group Ltd (ASX: SUL), its share price fell 5.4%.
Outdoor retailing business Kathmandu Holdings Ltd (ASX: KMD) shares dropped 14.1% after downgrading its profit guidance for the first half result of FY19.
The Suncorp Group Ltd (ASX: SUN) share price is up 2.3%, it announced a natural hazard update to the market.
Shares of Service Stream Limited (ASX: SSM) fell 2.6%, today it announced the acquisition of a utility infrastructure services business.
The Cimic Group Ltd (ASX: CIM) share price is up 3.2% with it winning the $116 million Coffs Harbour Hospital expansion contract.
Funeral business InvoCare Limited (ASX: IVC) finished the day up 3.1% today despite hitting a 52-week low earlier in the day.
Finally, renewable energy business Infigen Energy Ltd (ASX: IFN) shares went up 6.8%.
Here are some of today's top stories:
- Australian dollar drops below 70 US cents: How to profit from this with ASX shares
- Leading broker tips ANZ Bank share price to hit $31.52 in 2019
- Why the Lovisa share price is printing 52-week lows
- Are these the best buy and hold shares in the ASX200?
Pilbara may have announced another positive update today, but I'm not sold on the idea of buying a commodity-related business. I'd much rather go for shares that have control of the prices of their products and can generate growth year after year.
