Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 2.44% to 6,478.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 2.45% to 6,546.40
- AUD/USD at US 68 cents
- Gold at US$1,464.70 an ounce
- Brent Oil at US$60.44 a barrel
The best-performing ASX 200 share today was the Pinnacle Investment Management Group Ltd (ASX: PNI) share price which rose 10.6% thanks to impressive profit growth in its FY19 result.
Interestingly, despite the bad day for a lot of shares, the Fortescue Metals Group Limited (ASX: FMG) share price increased by 3.1% thanks to a strong Australian trade surplus.
It has been a shocking day for shareholders of Rural Funds Group (ASX: RFF), its share price fell 42% in reaction to a short report before going into a trading halt. However, management have said in The Australian that they will defend against the claims.
The BWP Trust (ASX: BWP) share price fell 1.8% after releasing its FY19 report which included a special distribution.
At the bottom of the ASX 200 the WiseTech Global Ltd (ASX: WTC) share price dropped 7.2% and the SEEK Limited (ASX: SEK) share price declined by 6.8%.
The Shopping Cntrs Austrls Prprty Gp Re Ltd (ASX: SCP) share price declined 0.8% as the real estate business reported its FY19 result.
Finally, the Centuria Industrial Reit (ASX: CIP) share price fell 1.25% after releasing its FY19 result.
Here are some of today's top stories:
