Local shares traded in the red for most of today, but ultimately managed to end the session higher.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5239 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5337 points
- AUD/USD at US 74.6 cents
- Iron Ore at US$55.97 a tonne, according to the Metal Bulletin
- Gold at US$1,321.45 an ounce
- Brent oil at US$46.08 a barrel
Commonwealth Bank of Australia (ASX: CBA) was one of the key performers for the day. Its shares raced 1.9% higher following broker upgrades from Goldman Sachs and Macquarie.
Of the other banks, National Australia Bank Ltd. (ASX: NAB) was the next best with a 1.4% gain.
Meanwhile, BHP Billiton Limited (ASX: BHP) managed to record a 1.4% gain, with South32 Ltd (ASX: S32) up 3.2%.
Retailer Myer Holdings Ltd (ASX: MYR) announced its full-year earnings results today. The shares rose initially, but ended the day 1.5% lower.
Automotive Holdings Group Ltd (ASX: AHG) also shed 5.1%, while Flight Centre Travel Group Ltd (ASX: FLT) dropped 4.1%.
Cover-More Group Ltd (ASX: CVO), on the other hand, rose 5.2%. SAI Global Limited (ASX: SAI) lifted 3.5%.
Here are Thursday's top stories:
- Myer Holdings Ltd reports: Are shares a bargain?
- 3 shares I'd buy right now with $10,000
- 10 blue chips soaring more than 50% in the past year
- How CSL Limited turned a $1,000 investment into over $200,000
- Brokers just upgraded these 3 ASX shares
- What's all the fuss about FirstWave Cloud Technology Ltd?
