Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.21% to 6,297.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.18% to 6,381.30
- AUD/USD at US 70 cents
- Gold at US$1,282.91 an ounce
- Brent Oil at US$70.95 a barrel
The best-performing ASX 200 share today was the Lendlease Group (ASX: LLC) share price which went up 8.7% on speculation that it could be a takeover target.
At the opposite end of the ASX was the Reliance Worldwide Corporation Ltd (ASX: RWC) share price which declined 15.6% because of a profit downgrade.
The Commonwealth Bank of Australia (ASX: CBA) share price ended the day down 2.5% in reaction to a large profit hit in its third quarter result.
The share price of Bubs Australia Ltd (ASX: BUB) plunged 13% as investors seemed to take some profit off the table.
The IOOF Holdings Limited (ASX: IFL) share price dropped 2% as it gave an update about its acquisition from Australia and New Zealand Banking Group (ASX: ANZ), which fell almost 4% after going ex-dividend.
The Eclipx Group Ltd (ASX: ECX) share price finished down 4.7% due to an announcement outlining that it would recognise impairment charges of over $100 million.
Finally, the share price of Adelaide Brighton Ltd. (ASX: ABC) dropped almost 2% despite revealing a major contract.
Here are some of today's top stories:
