Local shares managed a significant turnaround today, fighting off a 0.6% intraday decline to finish the day slightly ahead. However, most shares in the energy sector today acted as a drag, as did shares across the gold sector.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5537 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5612 points
- AUD/USD at US 75.18 cents
- Iron Ore at US$56.86 a tonne, according to the Metal Bulletin
- Gold at US$1,318.57 an ounce
- Brent oil at US$44.88 a barrel
BHP Billiton Limited (ASX: BHP) shares managed to lift 0.1%, but Woodside Petroleum Limited (ASX: WPL) and Santos Ltd (ASX: STO) dropped 0.8% and 2.4%, respectively.
Meanwhile, Newcrest Mining Limited (ASX: NCM) shares fell another 2.3%, while St Barbara Ltd (ASX: SBM) dropped 4.9%. It was one of the worst-performing shares from the ASX 200 group.
iSentia Group Ltd (ASX: ISD) shares experienced a sharp drop as well. They closed 5.2% lower at $3.08, although they did fall as low as $2.98 during the session.
Woolworths Limited (ASX: WOW) and Appen Ltd (ASX: APX) closed lower as well, falling 3.3% and 4.6%.
On a more positive note, Wesfarmers Ltd (ASX: WES) shares rose 0.8%, Medibank Private Ltd (ASX: MPL) gained 4.4%, and Monadelphous Group Limited (ASX: MND) lifted 3.8%.
Here are Tuesday's top stories:
- Why shares of iSentia Group Ltd are getting crushed in 2016
- 3 shares with higher dividend yields than Commonwealth Bank of Australia
- Woolworths Limited soars 8%, but is it time to buy?
- Gold miner Northern Star Resources Ltd posts record profit, is it a buy?
- This hidden crisis could be about to slam into the property market
- Are oil prices headed under US$40 a barrel?
- These are the 10 best-performing shares in the ASX 200 in 2016
