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 0.25% to 6,584.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.32% to 6,663.40
- AUD/USD at US 68 cents
- Gold at US$1,502.78 an ounce
- Brent Oil at US$57.49 a barrel
The lithium mining sector had another strong day, sending the share price of Orocobre Limited (ASX: ORE) up by 10.3%.
Despite the rapidly rising gold price, gold miners actually had a negative day. The Resolute Mining Limited (ASX: RSG) share price dropped by 3.2%.
An inquiry into Crown Resorts Ltd (ASX: CWN) was announced yesterday, causing the share price to fall by 1.3% today.
Finally, the share price of Cimic Group Ltd (ASX: CIM) rose 0.6% after the class action against UGL reached conditional settlement.
Here are some of today’s top stories:
- News Corp swings to profit as digital subscriptions impress
- 3 reasons why investing in ETFs is so easy
- This ASX small cap could be a future dividend champion
- These are the 10 best mid-cap shares over the past year
Another interesting day of reporting season. Profits are pretty uncertain, so if you’d rather focus on dividends then these picks could be perfect.
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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 Crown Resorts Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended REA Group 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.