The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) was up 0.3% at lunch, shrugging off falls in European markets overnight.
What happened overnight:
- Dow Jones (USA) – up 0.60%
- NASDAQ (USA): up 0.38%
- FTSE 100 (UK): down 1.32%
- DAX (Germany) – down 1.94%
- EURO STOXX 50 (Europe) – down 2%
Among today's best performers is Greencross Limited (ASX: GXL), the owner of vets and retail stores like PetBarn and City Farmers. Greencross' share price has underperformed in recent months, and Fairfax Press revealed this morning that the retailer could be caught in the crosshairs of private equity.
ASX movers
- Greencross – up 28.5%
- Mesoblast Limited (ASX: MSB) – up 9.5%
- Slater & Gordon Limited (ASX: SGH) – up 6.3%
- APN News and Media Limited (ASX: APN) – up 5.7%
- Technology One Limited (ASX: TNE) – up 4.23%
Among today's biggest losers on the ASX are resources businesses. Falling commodity prices have wreaked havoc on miners' share prices in recent months – with no sign of abating.
ASX shakers
- STW Communications Group Ltd. (ASX: SGN) – down 8.9%
- Liquefied Natural Gas Ltd (ASX: LNG) – down 6.2%
- BC Iron Limited (ASX: BCI) – down 4.17%
- Independence Group NL (ASX: IGO) – down 3.1%
- WHITEHAVEN COAL LIMITED (ASX: WHC) – down 2.7%
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