Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.48% to 5,891.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.47% to 5,963.00
- AUD/USD at US 72 cents
- Gold at US$1,312.73 an ounce
- Brent Oil at US$62.78 a barrel
The best-performing ASX 200 share today was resources business Western Areas Ltd (ASX: WSA) which rose by 5.7%.
The share price of IOOF Holdings Limited (ASX: IFL) dropped 4.5% in the lead up to the Royal Commission report’s release.
Here are some of today’s top stories:
- 3 reasons to be bullish on Dicker Data shares
- Here’s the secret behind CSL’s monster 42% return on equity
- 3 ASX shares to buy for investors in their 40s
Big banks will face a lot of scrutiny over the coming hours and days with the release of the Royal Commission. That’s why these top ASX shares could be better to own for long-term growth.
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Motley Fool contributor Tristan Harrison owns shares of Propel Funeral Partners Ltd. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. 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.