The local share market has climbed for the sixth consecutive session. The market defied what was a mixed night for international equity markets and a sharp drop in oil prices, while the Australian dollar also rose further above US76 cents.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% to 5411 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4% to 5491 points
- AUD/USD at US 76.19 cents
- Iron Ore at US$56.22 a tonne, according to the Metal Bulletin
- Gold at US$1,337.41 an ounce
- Brent oil at US$46.79 a barrel
Bellamy's Australia Ltd (ASX: BAL) was among the biggest movers. Its shares rose 5%, while aged care operators Japara Healthcare Ltd (ASX: JHC) and Estia Health Ltd (ASX: EHE) gained 3.6% and 2.8%, respectively.
Incitec Pivot Ltd (ASX: IPL), on the other hand, dropped 9%. Fortescue Metals Group Limited (ASX: FMG) also lost 4.1%.
Fortescue's rivals ended in the red as well, albeit by not as much. BHP Billiton Limited (ASX: BHP) lost 1.2% and Rio Tinto Limited (ASX: RIO) fell 1.1%.
Australia and New Zealand Banking Group (ASX: ANZ) shares lifted another 1%. Telstra Corporation Ltd (ASX: TLS) also gained 1.2%.
Here are Thursday's top stories:
- Bellamy's Australia shares could be worth $22 says top broker CLSA
- Why Transurban Group could be the blue-chip king
- 3 world-beating ASX small caps to buy today (Part II)
- 3 BIG investing mistakes – and how to avoid them
- 2 dividend shares that thrash Telstra Corporation Ltd's 5% yield
- What you need to know about Woodside Petroleum Limited's US$430 million acquisition
- Broker downgrade: Is Incitec Pivot Ltd worth your investing dollars?
