Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.53% to 5,874.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.53% to 5,939.50
- AUD/USD at US 72 cents
- Gold at US$1,306.15 an ounce
- Brent Oil at US$52.47 a barrel
The best-performing ASX 200 share today was blue chip telco Telstra Corporation Ltd (ASX: TLS), its share price rose by 7.8%.
The reason for the Telstra performance was due to TPG Telecom Ltd (ASX: TPM) announcing that it was no longer pursuing its own mobile strategy, this sent the TPG share price up 3% by the end of the day.
Shares of ResMed Inc. (ASX: RMD) dropped by 10.4% today with investors continuing to send the healthcare device business down.
It was a positive day for shareholders of Credit Corp Group Limited (ASX: CCP) after it upgraded its full-year profit guidance after announcing its results for the half-year.
The Eclipx Group Ltd (ASX: ECX) share price fell 16.5% after disappointing investors with its profit guidance.
Gold investors received a very useful boost today with the St Barbara Ltd (ASX: SBM) share price rising by 7.1% and the Saracen Mineral Holdings Limited (ASX: SAR) share price gained 6.8%.
Finally, the Dicker Data Ltd (ASX: DDR) share price rose 6.3% after the IT wholesaler announced its expected revenue and net profit for the upcoming reporting season.
Here are some of today's top stories:
