Local shares edged higher today, supported by the strong gains produced by a number of companies that reported their earnings.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5561 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5653 pointss
- AUD/USD at US 76.06 cents
- Iron Ore at US$61.23 a tonne, according to the Metal Bulletin
- Gold at US$1,336.80 an ounce
- Brent oil at US$49.36 a barrel
A number of businesses produced spectacular gains today. iSentia Group Ltd (ASX: ISD) shares gained 16.7%, while Sirtex Medical Limited (ASX: SRX) soared 12%.
Meanwhile, Ardent Leisure Group (ASX: AAD) shares lifted 14% and Spotless Group Holdings Ltd (ASX: SPO) gained 7%.
Unfortunately, there were a number of businesses that didn't perform so well. Blackmores Limited (ASX: BKL) shares plunged 19.5%, while Greencross Limited (ASX: GXL) and APN Outdoor Group Ltd (ASX: APO) lost 4.6% and 4.6%, respectively.
Nearmap Ltd (ASX: NEA) fell 14.3% as well, while Slater & Gordon Limited (ASX: SGH) dropped 10.4%.
Qantas Airways Limited (ASX: QAN) rose 1.5% on its earnings results, but Telstra Corporation Ltd (ASX: TLS) shares fell 3.5% after going ex-dividend.
In other blue-chip news, Wesfarmers Ltd (ASX: WES) shares fell 2.2% following a sharp fall in net profit.
Woolworths Limited (ASX: WOW) also entered a trading halt after announcing that Metcash Limited (ASX: MTS) would acquire its Home Timber & Hardware business.
Here are Wednesday's top stories:
- Sirtex Medical Limited reports: Is it a buy?
- Ardent Leisure Group shares surge on giant US potential
- Why Blackmores Limited & Slater & Gordon Limited shares are tanking today
- Qantas Airways Limited reports record profits, time to buy?
- You won't read this about gold…
- Why Woolworths Limited is in a trading halt today