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 0.55% to 6.660.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.56% to 6,773.20
- AUD/USD at US 69 cents
- Gold at US$1,485.60 an ounce
- Brent Oil at US$62.66 a barrel
The Pendal Group Ltd (ASX: PDL) share price rose 9.5% after the fund manager announced its FY19 result to investors.
The share price of Medibank Private Limited (ASX: MPL) fell 8.5% after providing an update on its outlook for FY20. However, NIB Holdings Limited (ASX: NHF) also gave an update which saw the share price improve from the day’s low, ending 2.2% lower.
The share price of Speedcast International Ltd (ASX: SDA) is down another 6% after its credit rating was reduced.
Here are some of today’s top stories: