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 0.49% to 6,685.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.43% to 6,770.10
- AUD/USD at US 70 cents
- Gold at US$1,424.42 an ounce
- Brent Oil at US$62.70 a barrel
The best-performing ASX 200 share today was the Nufarm Limited (ASX: NUF) share price which rose by 7.4%.
The share price of Hub24 Ltd (ASX: HUB) suffered a 4.1% decline due to statements made in the AFR about the return on its cash accounts, which Hub24 then challenged and clarified in an ASX announcement.
The Woolworths Group Ltd (ASX: WOW) share price ended the day 2.7% higher after announcing it planned to sell its Endeavour Drinks and hotel business.
It has been an extremely painful week for the share price of Speedcast International Ltd (ASX: SDA), which plunged another 16.5% after a heavy decline the day before.
Fund manager Magellan Financial Group Ltd (ASX: MFG) saw its share price climb almost 2% to another all-time high today.
Even with the share market going strongly, gold miners had a strong day. The share price of St Barbara Ltd (ASX: SBM) rose by 4.4% and the share price of Saracen Mineral Holdings Limited (ASX: SAR) climbed 3.6%.
Finally, the share price of property business Goodman Group (ASX: GMG) grew by 3.1% as investors searched for new places for yield.
Here are some of today's top stories:
