Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.71% to 5,814.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.66% to 5,871.80
- AUD/USD at US 72 cents
- Gold at US$1,290.05 an ounce
- Brent Oil at US$59.77 a barrel
The Livetiles Ltd (ASX: LVT) share price grew 5.8% today as its partnership with Microsoft continues to bear fruit, the tech business reported its latest annualised recurring revenue figure.
Qantas Airways Limited (ASX: QAN) shares gained 0.7% as the latest details of the fight over Perth Airport costs was reported in the media.
Shares of horticultural business Costa Group Holdings Ltd (ASX: CGC) gained another 3.9% today as the recovery continues from last week’s disappointing earnings update.
The worst fall in the ASX 200 belonged to Ausdrill Limited (ASX: ASL), its share price dropped 5.2%.
Finally, the Syrah Resources Ltd (ASX: SYR) share price went up 10.3%. making it one of the top performers today.
Here are some of today’s top stories:
- Could a RBA rate cut send the CBA share price higher?
- Why the Perpetual share price has gone NOWHERE since the GFC
- Is it time to buy Corporate Travel Management shares again?
Qantas has been a great performer for shareholders over the past five years, but I’m not sure it’s a buy today because the low fruit may have already been picked to boost earnings.
Tristan Harrison owns shares of COSTA GRP FPO. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Praemium Limited. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO. 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.