Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.57% to 6,710.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.61% to 6,814.70
- AUD/USD at US 68 cents
- Gold at US$1,528.37 an ounce
- Brent Oil at US$62.59 a barrel
The best-performing ASX 200 share today was the Afterpay Touch Group Ltd (ASX: APT) share price. It finished 13% after a broker upgrade and an AUSTRAC update.
The falling oil price caused the Beach Energy Ltd (ASX: BPT) share price to decline by 5.6%.
Global news is having a negative effect on businesses that are affected by what's going on in the world. The Magellan Financial Group Ltd (ASX: MFG) share price fell 4.7% today.
Another of the biggest falls today belonged to the Pro Medicus Limited (ASX: PME) share price which dropped 5.4%.
The share price of Fonterra Shareholders' Fund (ASX: FSF) rose 0.3% after announcing it had achieved a $1 billion debt reduction.
The 1300 Smiles Limited (ASX: ONT) share price fell 0.3% as it reported it was looking into a potential large acquisition.
The share price of Kelly Partners Group Holdings Ltd (ASX: KPG) rose around 10% after making an acquisition announcement.
Finally, the share price of Bingo Industries Ltd (ASX: BIN) fell 4% after announcing it has agreed to sell Banksmeadow facility to CPE Capital for $50 million.
Here are some of today's top stories:
