Local shares slipped today, reversing some of the market's recent gains following a mostly down night for international equity markets.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.3% to 5545 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.3% to 5600 points
- AUD/USD at US 74.98 cents
- Iron Ore at US$83.58 a tonne, according to the Metal Bulletin
- Gold at US$1,162.93 an ounce
- Brent oil at US$55.53 a barrel
Estia Health Ltd (ASX: EHE) was one of the market's biggest movers today. It slipped 9% following an announcement of a major capital raising.
Infant formula producer Bellamy's Australia Ltd (ASX: BAL) remained in a trading halt for today's session, and is expected to make another trading update tomorrow morning.
Vocus Communications Limited (ASX: VOC) fell 3.2% after it was announced Mr Bob Mansfield will join the company's board as a non-executive director in January 2017. Its rival TPG Telecom Ltd (ASX: TPM) fell 1%, by comparison.
The banks slipped today as well. Westpac Banking Corp (ASX: WBC) fell 1.2% and National Australia Bank Ltd. (ASX: NAB) shed 0.3%.
Wesfarmers Ltd (ASX: WES), on the other hand, gained 1.1%. CSL Limited (ASX: CSL) also lifted 3.2%.
The miners weren't so lucky. Rio Tinto Limited (ASX: RIO) fell 2.5% and Fortescue Metals Group Limited (ASX: FMG) declined 6%.
Aconex Ltd (ASX: ACX) and Super Retail Group Ltd (ASX: SUL) were two of the market's top performers for the day. They gained 3% and 2.8%, respectively.
Here are Tuesday's top stories:
- 10 growth shares I'm tipping to shine in 2017
- Here's why I'm sceptical about the Aconex Ltd share price
- Commonwealth Bank of Australia's 3% Dividend is Staring You in the Face
- SOARING: Why the Lovisa Holdings Ltd share price skyrocketed today
- Is Woolworths Limited a blockbuster buy at this share price?
- How to earn a juicy 7% dividend income in the share market
