Volatility subsided during today's session following Wednesday's selloff. The main bourse still ended the day in the red, although only by a slight margin.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.1% to 5225 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1% to 5306 points
- AUD/USD at US 76.63 cents
- Iron Ore at US$65.31 a tonne, according to the Metal Bulletin
- Gold at US$1,304.91 an ounce
- Brent oil at US$47.35 a barrel
Shares of Australia and New Zealand Banking Group (ASX: ANZ) rose 0.6% after it released its full-year earnings results this morning. By comparison, Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) fell 0.8% and 0.5%, respectively.
Woolworths Limited (ASX: WOW) also fell, shedding 0.4%.
Retail business Adairs Ltd (ASX: ADH) crashed 42% following a disappointing trading update after the market closed on Wednesday.
Other shares that felt the market's wrath included Fairfax Media Limited (ASX: FXJ), down 4.3%, REA Group Limited (ASX: REA), down 3.8%, and Boral Limited (ASX: BLD), down 5.2%.
On a more positive note, Domino's Pizza Enterprises Ltd. (ASX: DMP) shares rose 4.7%, while Mayne Pharma Group Ltd (ASX: MYX) soared 7.9%. Vocus Communications Limited (ASX: VOC) also gained 2.9%.
Here are Thursday's top stories:
- Adairs Ltd bombs on shock profit downgrade
- Why profits just crashed at Australia and New Zealand Banking Group
- Why these 4 ASX shares are getting slaughtered today
- Here's why Mayne Pharma Group Ltd shares are going gangbusters
- 3 ASX shares to beat the Trumper Tantrum
- Shares in NIB Holdings Limited & Medibank Private Ltd could be about to fall
