Local shares fell sharply today upon renewed Brexit fears, although the market did rebound towards the end of the session.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.6% to 5197 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.5% to 5284 points
- AUD/USD at US 74.37 cents
- Iron Ore at US$55.93 a tonne, according to the Metal Bulletin
- Gold at US$1,369.85 an ounce
- Brent oil at US$48.07 a barrel
Gold miners were the big winner today as uncertainty continued to mount regarding what Brexit could actually mean for the economy.
Beadell Resources Ltd (ASX: BDR) shares skyrocketed 19.3%. EVOLUTION FPO (ASX: EVN) and St Barbara Ltd (ASX: SBM) also rose 6.5% and 4.5%, respectively.
Cover-More Group Ltd (ASX: CVO) and Coca-Cola Amatil Ltd (ASX: CCL) rose strongly as well, lifting 11.3% and 4.6%.
The banks weren't so lucky. Australia and New Zealand Banking Group (ASX: ANZ) dropped 1.9%, while Westpac Banking Corp (ASX: WBC) fell 1.2%. All four banks ended the day in the red.
Meanwhile, BHP Billiton Limited (ASX: BHP) and Origin Energy Ltd (ASX: ORG) lost 3.8% and 4.5%, while Domino's Pizza Enterprises Ltd. (ASX: DMP) shed 4.1%.
Here are Wednesday's top stories:
- Renewed Brexit fears drive gold price higher: Miners to follow
- 5 important money lessons to learn before you're 30
- Why the Lynas Corporation share price soared today
- The bargain hunter's guide to CSL Limited
- Big four banks' shares slide as royal commission chances grow
- Why Fantastic Holdings Limited shares are getting smashed today
- Is ASX Ltd a takeover target?
