Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.75% to 6,245.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.72% to 6,326.80
- AUD/USD at US 70 cents
- Gold at US$1,287.29 an ounce
- Brent Oil at US$65.33 a barrel
The best-performing ASX 200 share today was resource business Western Areas Ltd (ASX: WSA), it rose by 6.8%.
Infant formula business Bellamy’s Australia Ltd (ASX: BAL) shares increased by another 4.9% today.
The Domino’s Pizza Enterprises Ltd. (ASX: DMP) share price went up 0.8% after receiving a broker upgrade.
Retail Food Group Limited (ASX: RFG) shares ended the day down 12.5%, Labor Party leader Bill Shorten said he plans to increase the minimum wage today.
Here are some of today’s top stories:
- Top broker reveals 19 ASX shares to buy this year
- This GDP data chart shows how the Australian economy is edging towards recession
- CEO says Australia’s economy is a “house of cards”
- Why the Envirosuite share price is going nuts today
Splitit surely has been the new best momentum share to own, but it’s probably risen well beyond a reasonable short term valuation. Instead, I’d rather own these top ASX shares instead.
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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Domino's Pizza Enterprises Limited and NIB Holdings 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.