Local investors were given a chance to catch their breaths today. Shares ended comfortably higher, rectifying some of the heavy losses endured on Friday.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5137 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5216 points
- AUD/USD at US 74.08 cents
- Iron Ore at US$50.61 a tonne, according to the Metal Bulletin
- Gold at US$1,327.34 an ounce
- Brent oil at US$48.35 a barrel
The banks produced mixed results. Australia and New Zealand Banking Group (ASX: ANZ) lost another 0.7%, but Commonwealth Bank of Australia (ASX: CBA) gained 0.3%.
BHP Billiton Limited (ASX: BHP) was a big mover, regaining 3.1% today. Fortescue Metals Group Limited (ASX: FMG) also rose 8% higher, while Telstra Corporation Ltd (ASX: TLS) rose 2.2%.
It was another sad day for shareholders of Clydesdale Bank plc (ASX: CYB). The shares crashed another 9.4%, while QBE Insurance Group Ltd (ASX: QBE) and Macquarie Group Ltd (ASX: MQG) lost 6.8% and 5.9%, respectively.
Henderson Group plc (ASX: HGG) also dropped 15.9%, but St Barbara Ltd (ASX: SBM) gained another 6.8%.
Here are Monday's top stories:
- Brexit: Is the worst over for the ASX 200?
- Flight Centre Travel Group Ltd shares slammed on plummeting UK pound
- Why the Henderson Group plc share price is tanking
- My 3 step plan to scoop up Brexit bargains
- 4 shares that could be bargains after the Brexit sell-off
- Brexit: 4 ways to survive (and prosper)
- Brexit: What investors are and should be doing
- 3 tempting ASX shares I think investors should avoid