Local shares started the day in the red but fought their way back around lunchtime. Despite a late dip, the broader market still ended the session on top.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5338 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5408 points
- AUD/USD at US 74.77 cents
- Iron Ore at US$72.42 a tonne, according to the Metal Bulletin
- Gold at US$1,226.19 an ounce
- Brent oil at US$46.50 a barrel
Local mining shares rose today, despite overnight falls in iron ore. BHP Billiton Limited (ASX: BHP) gained 0.3% and Rio Tinto Limited (ASX: RIO) recovered 1.1%.
The gold miners didn't fare so well. St Barbara Ltd (ASX: SBM) shed 3.8% and Beadell Resources Ltd (ASX: BDR) dropped 3.9%.
A number of other companies fell sharply as well. Blackmores Limited (ASX: BKL) closed 5.6% lower, Orora Ltd (ASX: ORA) fell 4.3% and Platinum Asset Management Limited (ASX: PTM) lost 7.4%.
Village Roadshow Ltd (ASX: VRL) also lost 4.9% following its annual general meeting as it revealed mixed conditions at its theme parks following the tragedy that occurred at Ardent Leisure Group's (ASX: AAD) Dreamworld recently. Ardent Leisure closed 1% lower.
Meanwhile, Mobile Embrace Ltd (ASX: MBE) collapsed 42% after it noted a "one-off event that has adversely effected MBE's ability to acquire customers (in Australia only)".
OFX Group Ltd (ASX: OFX) was among the market's best performers again today, rising 6.6%, while Whitehaven Coal Ltd (ASX: WHC) gained 1.1%.
Here are Thursday's top stories:
- Could you become a millionaire in just 6 years?
- Are these shares the biggest bargains on the S&P/ASX 200?
- Will Woolworths Limited Dump Big W?
- Is Telstra Corporation Ltd going to cut its dividend?
- Will Donald Trump be a disaster for the ASX?
- Why CSG Limited shares have dropped 29% today
- Village Roadshow Ltd shares are plunging on theme park worries
