Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.95% to 6.851.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.89% to 6,950.80
- AUD/USD at US 68 cents
- Gold at US$1,459.33 an ounce
- Brent Oil at US$64.15 a barrel
The Bank of Queensland Limited (ASX: BOQ) share price fell a further 4.2% after the regional bank raised some capital earlier this week.
News of the NBN Co giving telcos cheaper access to the NBN sent the Telstra Corporation Ltd (ASX: TLS) share price higher by 2.8% as it also held an investor day and gave profit guidance. The TPG Telecom Ltd (ASX: TPM) share price also rose by 4.25% in response to that news.
The Worley Ltd (ASX: WOR) share price rose by 2.7% after making an agreement with Exxon Mobil.
Finally, the share price of BSA Limited (ASX: BSA) rose 5.1% after holding its AGM today.
Here are some of today’s top stories:
- What did Telstra tell us about its dividend today?
- How to build a $100k share portfolio by 30
- Should first home buyers be rushing to buy a property?
- 3 ASX retail shares to put on your Christmas watchlist
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Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Bravura Solutions Ltd. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool Australia has recommended Bravura Solutions Ltd and Collins Foods 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.