After a slow start, local shares managed to rise again on Monday, bolstered by earnings reports posted by companies such as JB Hi-Fi Limited (ASX: JBH) and Ansell Limited (ASX: ANN).
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5540 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5633 points
- AUD/USD at US 76.58 cents
- Iron Ore at US$59.37 a tonne, according to the Metal Bulletin
- Gold at US$1,339.17 an ounce
- Brent oil at US$47.30 a barrel
JB Hi-Fi reported a strong lift in comparable sales and reported an even stronger start to the 2017 financial year. Its shares gained 9.9%.
Meanwhile, shares of Ansell skyrocketed 17.7% to $23.16. They did peak at $23.48 earlier in the session, which was a new 52-week high for the group.
National Australia Bank Ltd. (ASX: NAB) shares gained 0.9% after its third-quarter trading update. Orora Ltd (ASX: ORA) soared 9.8%. And Mesoblast limited (ASX: MSB) gained 11.2%, despite the absence of any news from the company today.
Aurizon Holdings Ltd (ASX: AZJ) didn't fare so well, shedding 6%. EVOLUTION FPO (ASX: EVN) also lost 4.5%, while fellow gold miner Newcrest Mining Limited (ASX: NCM) lost 4%.
Telstra Corporation Ltd (ASX: TLS) was one of the stronger performers from the blue-chips today, lifting 0.7%. BHP Billiton Limited (ASX: BHP), on the other hand, shed 2.5%.
Here are Monday's top stories:
- Why shares of JB Hi-Fi Limited are skyrocketing today
- Can National Australia Bank Ltd maintain its giant dividend?
- Newcrest Mining Limited's profits sink, time to sell the gold miners?
- How to find the next 10 bagger (Part IV)
- The top 10 stocks to buy now before the market crashes
- Santos Ltd records US$1.5 billion write down: More to come?
- Here's why Ansell Limited shares went nuts today
