Local shares continued to rise today, taking the lead set by Wall Street overnight.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% to 4964 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4% to 5042 points
- AUD/USD at US 76.28 cents
- Iron Ore at US$54.75 a tonne, according to the Metal Bulletin
- Gold at US$1,228.65 an ounce
- Brent oil at US$40.12 a barrel
The banks produced a mixed set of results once again, but the iron ore miners and energy producers helped to buoy the market.
While junior iron ore miner Arrium Ltd (ASX: ARI) entered into voluntary administration, industry behemoth BHP Billiton Limited (ASX: BHP) managed to lift 1.6%.
Meanwhile, energy giants Woodside Petroleum Limited (ASX: WPL) and Santos Ltd (ASX: STO) gained 1.8% and 3.5%. Senex Energy Ltd (ASX: SXY) also managed to extend yesterday's rebound after three days of heavy losses. Its shares gained 10.2%.
Westpac Banking Corp (ASX: WBC) was the best of the banks, rising 0.6%, while CSL Limited (ASX: CSL) also rose 1.1%.
Harvey Norman Holdings Limited (ASX: HVN) was one of the worst performers for the day, slipping 4.2%.
Here are Thursday's top stories:
- Arrium Ltd: The writing was on the wall five years ago
- Why the Bank of Queensland Limited share price is crumbling today
- 4 hot ASX shares you might want to buy today
- It's official: Arrium Ltd enters voluntary administration
- Oil rally sends ASX shares rocketing today
- Is the Blackmores Limited share price headed over $200 again?
