The local share market started the day in positive territory but ultimately finished in the red. It was the second time for 2017 that the main bourse has failed to post a daily gain.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.1% to 5766 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) flat at 5821 points
- AUD/USD at US 74.65 cents
- Iron Ore at US$80.41 a tonne, according to the Metal Bulletin
- Gold at US$1,196.86 an ounce
- Brent oil at US$55.04 a barrel
Bellamy's Australia Ltd (ASX: BAL) was one of the market's biggest movers today. Its shares slipped 17.8%.
Mesoblast limited (ASX: MSB) shares also ended the day in the red, down 3.3%, with Mayne Pharma Group Ltd (ASX: MYX) down 4.1%. CSL Limited (ASX: CSL) shares retreated 2.8%.
Medusa Mining Ltd (ASX: MML), an Australian gold producer, also slipped 8.5%. Many of the other gold miners ended the day in the red, as well.
Elsewhere, plenty of companies ended the day in positive territory. BHP Billiton Limited (ASX: BHP) shares jumped another 1.3% with Rio Tinto Limited (ASX: RIO) up 1% as well.
Meanwhile, junior iron ore miners BC Iron Limited (ASX: BCI) and Atlas Iron Limited (ASX: AGO) soared 20% and 22.2%, respectively.
Blackmores Limited (ASX: BKL) was one of the market's top performers. Its shares lifted 4.7%. Qantas Airways Limited (ASX: QAN) soared 3.2% as well while Steadfast Group Ltd (ASX: SDF) gained 8.5%.
Here are Thursday's top stories:
- 7 growth shares I would consider buying today
- 3 reasons I'm not buying Medibank Private Ltd shares in 2017
- Why Medusa Mining Limited shares have been CRUSHED today
- S&P/ASX 200 to hit 15,000!?
- Why Mayne Pharma Group Ltd shares are slumping on Donald Trump's comments
- Why the Australian Dollar is skyrocketing toward US75 cents
- Will it all end in tears for Blackmores Limited's baby formula business?
