Local shares finished the week on a fitting note. After a volatile week, the market ended the day deep in the red with the ASX 200 falling below 5,200 points.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.9% to 5180 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5263 points
- AUD/USD at US 76.82 cents
- Iron Ore at US$65.46 a tonne, according to the Metal Bulletin
- Gold at US$1,300.97 an ounce
- Brent oil at US$46.51 a barrel
Shares of Flight Centre Travel Group Ltd (ASX: FLT) fell into a nosedive today following a profit warning. The shares plunged 8%.
Mayne Pharma Group Ltd (ASX: MYX) also plummeted 15.5%, more than reversing its strong rally on Thursday.
National Australia Bank Ltd. (ASX: NAB) shares declined 6% as its shares went ex-dividend. That said, its shares declined $1.65, compared to a final dividend of 99 cents.
Rivals Australia and New Zealand Banking Group (ASX: ANZ), Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) all fell between 0.5% and 1.5%.
Among the other blue chips, BHP Billiton Limited (ASX: BHP) shed 1.7% and Wesfarmers Ltd (ASX: WES) lost 0.9%. Telstra Corporation Ltd (ASX: TLS) ended the session flat at $4.90.
Orica Ltd (ASX: ORI) was one of the day's big winners, its shares lifting 8.3%. CYBG PLC CDI 1:1 (ASX: CYB) (Clydesdale Bank) shares also rose 7.1%, while Harvey Norman Holdings Limited (ASX: HVN) gained 2.7%.
Here are Friday's top stories:
- 6 Essential Money lessons to Teach Your Kids
- Why the Flight Centre Travel Group Ltd share price is diving today
- Smashed: Mayne Pharma Group Ltd shares dive on DoJ investigation
- 3 HUGE dividend shares to boost your portfolio's returns
- Is Telstra Corporation Ltd a buy at this share price?
- How to thump the market with these 2 healthcare shares
- Gold stocks have soared in the past week