Local shares surged higher today, ending the session just above 5,550 points. Corporate earnings results continued to be the central focus point with a number of promising results across the market.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5553 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.6% to 5647 points
- AUD/USD at US 76.42 cents
- Iron Ore at US$61.23 a tonne, according to the Metal Bulletin
- Gold at US$1,338.42 an ounce
- Brent oil at US$48.76 a barrel
oOh!Media Ltd (ASX: OML) produced a solid rebound, surging almost 9% following yesterday's heavy decline.
Slater & Gordon Limited (ASX: SGH) shares also gained 11.7%, while Pro Medicus Limited (ASX: PME) rose 5.7%.
A number of shares in the healthcare sector rose strongly. CSL Limited (ASX: CSL) gained 2.2% while Healthscope Ltd (ASX: HSO) rose 1.7% following its earnings announcement.
Other big movers included Bellamy's Australia Ltd (ASX: BAL) and IPH Ltd (ASX: IPH), which gained 5.3% and 3.8% respectively. Vocus Communications Limited (ASX: VOC) gained 2.8%.
Unfortunately, there were a number of sharp falls across the market, as well. Specialty Fashion Group Ltd. (ASX: SFH) plunged 17.7%. Monadelphous Group Limited (ASX: MND) lost 17.8%. And Worleyparsons Limited (ASX: WOR) plunged 5.7%.
Here are Tuesday's top stories:
- 5 growth shares I'd buy with $50,000 today
- Vocus Communications Limited triples profit, is it good value?
- Scentre Group Ltd looks expensive for dividend shoppers
- Acrux Limited shares crater 37% on shock court ruling
- Caltex Australia Limited profits plunge, is it time to sell?
- Why the Healthscope Ltd share price is surging today
