Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.60% to 6,866.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.58% to 6,953.80
- AUD/USD at US 66 cents
- Gold at US$1,648.09 an ounce
- Brent Oil at US$56.60 a barrel
In an interesting development with the coronavirus, gold miners were some of today’s worst performers despite the ongoing strength of the gold price. The share price of St Barbara Ltd (ASX: SBM) dropped 9.7% and the Saracen Mineral Holdings Limited (ASX: SAR) share price fell 7.3%.
The Webjet Limited (ASX: WEB) share price continues to be pummelled, it dropped another 6.5% on global travel fears.
Coal miner New Hope Corporation Limited (ASX: NHC) saw a 4.5% increase of its share price today.
Healthcare business Polynovo Ltd (ASX: PNV) was another of the shares that managed to rise today, it grew by 4.9%.
Here are some of today’s top stories:
- The ‘Market Crash!’ edition
- 2 Warren Buffett dividend shares you can buy right now
- How I’m investing in shares because of the coronavirus
- Warning! If you’re not happy with your finances, you’re not alone…
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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 Appen Ltd. The Motley Fool Australia has recommended oOh!Media Ltd and Webjet Ltd. 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.