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 1.90% to 6,640.30
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.98% to 6,710.60
- AUD/USD at US 68 cents
- Gold at US$1,458.30 an ounce
- Brent Oil at US$60.93 a barrel
The best-performing ASX 200 share today was the Resolute Mining Limited (ASX: RSG) share price which increased by 4.3% in a strong day for gold and gold miners.
The ongoing trade dispute between the US and China has created currency issues. Many of the ASX's leading growth shares have been smashed today. The Appen Ltd (ASX: APX) share price has fallen 10.6%.
Other high-growth businesses also felt the pain with the share price of WiseTech Global Ltd (ASX: WTC) going down 8% and the Afterpay Touch Group Ltd (ASX: APT) share price declining by 7.8%.
As you can imagine, Chinese worries has also spilled into the resources sector, especially iron ore miners that export to China. The Fortescue Metals Group Limited (ASX: FMG) share price fell 7.2%.
Back at the green end of the ASX the Oil Search Limited (ASX: OSH) share price rose by 2.9% as it gave an update about Papua LNG.
The Wesfarmers Ltd (ASX: WES) share price rose 0.8% after getting confirmation from the ACCC that it can acquire Catch Group.
Finally, the Vgi Partners Ltd (ASX: VGI) share price went up 4% as it announced a plan to launch an Asian focused listed investment company.
Here are some of today's top stories:
