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 0.77% to 6,700.30
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.75% to 6,786.20
- AUD/USD at US 71 cents
- Gold at US$1,441.17 an ounce
- Brent Oil at US$62.90 a barrel
The best-performing ASX 200 share today was the share price of gold mining business Resolute Mining Limited (ASX: RSG) which rose 7.4%.
The comments by a member of the US Federal Reserve also seemed to boost the share price of ‘defensive’ business Sydney Airport Holdings Pty Ltd (ASX: SYD) which rose 2.3% despite reporting lower passenger traffic in June 2019.
The share price of Milton Corporation Limited (ASX: MLT) went up 0.4% as the listed investment company (LIC) announced its FY19 report.
Finally, the worst performing ASX 200 business was the Clinuvel Pharmaceuticals Limited (ASX: CUV) share price which fell 7.2%.
Here are some of today’s top stories:
- Is the share market cheap or expensive?
- Where to invest your Powerball lottery winnings
- This is how ETFs are rewiring the ASX & could make or break your returns
- Amazon is sitting on a $100 billion opportunity
We’ll see if NAB has chosen the right man to lead the bank for growth in the coming years, I prefer the idea of these top ASX shares instead.
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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Sydney Airport Holdings Limited. The Motley Fool Australia owns shares of National Australia Bank Limited. 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.