Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Friday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.14% to 6.717.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.15% to 6,826.90
- AUD/USD at US 69 cents
- Gold at US$1,469.32 an ounce
- Brent Oil at US$62.14 a barrel
One of the best-performing ASX 200 shares today was the Galaxy Resources Limited (ASX: GXY) share price which rose 8.6%. It was also a strong day for fellow lithium miner Orocobre Limited (ASX: ORE) with its share price charging 6.1% higher.
The strength of the local and global share market is having a negative effect on the gold price and gold miners. The worst five ASX 200 share declines belonged to the gold sector, the heaviest drop was the share price of Saracen Mineral Holdings Limited (ASX: SAR) falling 8.5%.
News Corp (ASX: NWS) was another business to reports its quarterly result today. In reaction to that the share price fell 5.3%.
Positive Scarborough news sent the Woodside Petroleum Limited (ASX: WPL) share price up by 2.2%.
Finally, the share price of Transurban Group (ASX: TCL) fell 1.2% today after announcing the financial close of its $1.65 billion syndicated bank facility.
Here are some of today’s top stories:
- 2 ASX shares I plan to hold til I’m 100
- 3 questions to ask about your super fund
- Why the ‘big four’ banks are falling behind global peers
- Is there such a thing as good debt?
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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 Transurban Group. 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.