Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.39% to 6.829.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.29% to 6,945.70
- AUD/USD at US 69 cents
- Gold at US$1,559.38 an ounce
- Brent Oil at US$68.11 a barrel
One of the best-performing ASX 200 shares today was Polynovo Ltd (ASX: PNV), its share price rose by almost 12% after giving a sales update.
Lithium miners were also some of the best performers today with the share price of Orocobre Limited (ASX: ORE) growing by 6.7% and the Pilbara Minerals Ltd (ASX: PLS) share price going up by 6.8%.
Gold miners retreated today as fears settled about an Iran – US war, the share price of Gold Road Resources Ltd (ASX: GOR) fell by over 4.1% and the share price of Resolute Mining Limited (ASX: RSG) dropped by 4.1% as well.
The negative updates because of bushfires continued today. Ingenia Communities Group (ASX: INA) reduced its FY20 earnings guidance because of the fires, causing the share price to fall 3.3%.
Global fund manager Magellan Financial Group Ltd (ASX: MFG) announced its December 2019 funds under management update today, sending its share price up 0.6%.
Finally, the share price of Althea Group Holdings Ltd (ASX: AGH) rose another 2.2% after an update today.
Here are some of today's top stories:
