Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Friday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.25% to 6,310.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.25% to 6,393.10
- AUD/USD at US 70 cents
- Gold at US$1,284.71 an ounce
- Brent Oil at US$70.73 a barrel
The best-performing ASX 200 share today was the TPG Telecom Ltd (ASX: TPM) share price which went up 5% after the ACCC decision and rebuttal.
The Adelaide Brighton Ltd. (ASX: ABC) share price fell 3.7% today as investors had a further negative reaction to yesterday's profit downgrade.
The share price of REA Group Limited (ASX: REA) rose 0.9% in response to its relatively pleasing March 2019 quarter update showing continued revenue and free cash flow growth.
The Infratil Ltd (ASX: IFT) share price was unmoved because it was in a trading halt with investors learning about a potential takeover of Vodafone New Zealand.
In the ASX 200, the worst performer was the Nufarm Limited (ASX: NUF) share price which declined 4.7%.
Confusion is high about who will manage Blue Sky Alternatives Access Fund Ltd (ASX: BAF) after the listed investment company (LIC) went into a trading halt as Blue Sky Alternative Investments Ltd (ASX: BLA), which was flat today, said it was ceasing negotiations with WAM. However, WAM will try to continue with the proposal.
Finally, the share price of Synlait Milk Ltd (ASX: SM1) fell 4% after it said it was confident in actions about the Pokeno site.
Here are some of today's top stories:
