The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has closed up just 0.7 points.
Here's a quick summary:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) flat at 5,485.10 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) flat at 5,549 points
- AUD/USD at US 73.75 cents
- Iron Ore up 1.3% to US$75.87 a tonne, according to Metal Bulletin
- Gold down 1.8% to US$1,190.85 an ounce
- Brent oil flat at US$49.10 a barrel
Boral Limited (ASX: BLD) has seen its share price sink 18.9% to $4.99, after coming out of a trading halt and a huge capital raising.
Rio Tinto Limited (ASX: RIO) saw its share price go virtually nowhere, rising 0.3% to $60.30 despite announcing the $410 million sale of its Lochaber aluminium assets in Scotland, and a productivity push to free up US$5 billion in cash flow over the next five years.
Gold stocks were hammered, and represented 8 out of the top 10 falling stocks on the S&P/ASX 200. Saracen Mineral Holdings Limited (ASX: SAR) and Beadell Resources Limited (ASX: BDR) were among the biggest fallers, losing 8.2% and 8% respectively.
Amcor Limited (ASX: AMC) was one of the winners, adding 3.8% to close at $14.91, while Sigma Pharmaceutical Limited (ASX: SIP) gained 5.7% to $1.295.
Here are today's top stories:
- Why the Nick Scali Limited share price is soaring today
- Gold plunges below US$1,200 an ounce and it could get worse
- Why the Boral Limited share price crashed today
- Deloitte names Australia's 50 fastest-growing tech companies
- Is it time to buy the big four banks?
- Seek Limited's education business wrecked by government
- Lovisa Holdings Ltd surges 75% in 6 months: Is it still a buy?
- Is fast-growing tech company Empired Ltd a buy?