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 0.01% to 6,251.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.01% to 6,347.90
- AUD/USD at US 72 cents
- Gold at US$1,288.18 an ounce
- Brent Oil at US$71.44 a barrel
The best-performing ASX 200 share today was the Bravura Solutions Ltd (ASX: BVS) share price which rose 7% as investors became more excited about the prospect of the acquisition of GBST Holdings Limited (ASX: GBT), which rose by 4.1%.
The Commonwealth Bank of Australia (ASX: CBA) share price increased by another 0.8% today as investors considered what the effects of a cost-cutting plan might do for CBA's earnings.
The share price of A2 Milk Company Ltd (ASX: A2M) grew by another 4% today, meaning it hit a new all-time high. However, it wasn't such a good day for the Bellamy's Australia Ltd (ASX: BAL) share price which fell 5.7%.
The Rio Tinto Limited (ASX: RIO) share price ended the day 0.25% higher after announcing the investment into the next stage of its Resolution copper project.
The share price of Pendal Group Ltd (ASX: PDL) dropped almost 9% as investors reacted to last week's funds under management (FUM) announcement.
Finally, the share price of Bigtincan Holdings Ltd (ASX: BTH) plunged 14% today.
Here are some of today's top stories:
