Local shares soared today on the back of encouraging news for Hilary Clinton in the U.S. election.
Presidential candidate Hillary Clinton was (once again) cleared by the FBI regarding her private email server, helping to boost the perceived probability that she will beat Donald Trump to become the next president of the United States of America.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.4% to 5250 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1.3% to 5330 points
- AUD/USD at US 76.8 cents
- Iron Ore at US$65.00 a tonne, according to the Metal Bulletin
- Gold at US$1,292.01 an ounce
- Brent oil at US$45.98 a barrel
Westpac Banking Corp (ASX: WBC) shares soared 2.7% after it released its full-year earnings results this morning.
Its rivals National Australia Bank Ltd. (ASX: NAB) and Commonwealth Bank of Australia (ASX: CBA) also gained 1.5% and 2.2%.
Meanwhile, BHP Billiton Limited (ASX: BHP) rose 1.9%. Telstra Corporation Ltd (ASX: TLS) gained 0.6% and Macquarie Group Limited (ASX: MQG) shares lifted 3%.
Mayne Pharma Group Ltd (ASX: MYX) was one of the top performing shares for the day, rising 6.6%, while Vocus Communications Limited (ASX: VOC) also gained 4.1%.
Domino's Pizza Enterprises Ltd (ASX: DMP) upgraded its earnings guidance in the final moments of the session as well. Its shares rose 2.9% for the day and could be in for further gains on Tuesday.
The big losers for the day were predominantly gold miners. EVOLUTION FPO (ASX: EVN) shares tanked 6.5% and St Barbara Ltd (ASX: SBM) shed 5%. Beadell Resources Ltd (ASX: BDR) and Northern Star Resources Ltd (ASX: NST) also lost 6.7% and 4.1%, respectively.
Here are Monday's top stories:
