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 0.18% to 6,554.00
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.22% to 6,633.60
- AUD/USD at US 69 cents
- Gold at US$1,353.45 an ounce
- Brent Oil at US$61.57 a barrel
The share price of gold miners went up today as the gold price increased. The Northern Star Resources Ltd (ASX: NST) share price went up 5.6%. The Saracen Mineral Holdings Limited (ASX: SAR) share price increased by 5.5% due to both the gold price increase and news of an acquisition.
The AMP Limited (ASX: AMP) share price dropped 5.8% as APRA announced various directions and initiatives it wants the business to undertake.
The share price of Afterpay Touch Group Ltd (ASX: APT) dropped another 4.3% today, marking the end of another volatile week.
The Fortescue Metals Group Limited (ASX: FMG) share price is up 5.4% after announcing a joint venture to look for copper and gold in SA.
Finally, the share price of Ardent Leisure Group Limited (ASX: ALG) fell by 5.8% today, making it one of the biggest falls in the ASX 200.
Here are some of today’s top stories:
- Are you going to outlive your superannuation savings?
- Where to now for income yield investors?
- National Australia Bank tipping 3 rate cuts before Christmas
- 3 common investing mistakes to avoid
BRAND NEW! For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50.
-Each company boasts strong growth prospects over the next 3 to 5 years…
-Most importantly each pays a generous (and fully franked) dividend!
So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered!
You’re invited. Simply click the link below to discover all 5 shares we’re expressly recommending for INVESTORS 50 and OVER. To scoop up your FREE copy, simply click the link below right now. But you will want to hurry – this free report is available for a brief time only.
Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of VOLPARA FPO NZ. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended VOLPARA FPO NZ. 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.