The local share market rebounded after a sharp fall on Friday with shares of a number of businesses recording strong gains.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5% to 5748 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5% to 5803 points
- AUD/USD at US 74.76 cents
- Iron Ore at US$80.54 a tonne, according to the Metal Bulletin
- Gold at US$1,203.01 an ounce
- Brent oil at US$55.61 a barrel
Shares of Sirtex Medical Limited (ASX: SRX) ended the session relatively flat after it announced it had terminated the employment of its CEO, Mr Gilman Wong, on Friday afternoon.
Primary Health Care Limited (ASX: PRY), which also announced the resignation of its CEO on Friday, slipped 2.8%.
Nanosonics Ltd. (ASX: NAN) shares surged 7.5% higher following its quarterly results announcement this morning.
Shares of Kogan.com Ltd (ASX: KGN) also gained 8.7% following a business update. It said its "earnings performance to date is exceeding expectations of guidance which was revised upwards at the Company's AGM".
DUET Group (ASX: DUE) shares leapt 5.4% with its board now set to recommend a multi-billion-dollar takeover offer by Cheung Kong Infrastructure Holdings Limited and its partners.
Meanwhile, the gold miners performed well today. Regis Resources Limited (ASX: RRL) gained 2.3% and EVOLUTION FPO (ASX: EVN) rose 1.9%.
Bellamy's Australia Ltd (ASX: BAL) was one of the best performers for the day, gaining 3.7%. Liquefied Natural Gas Ltd (ASX: LNG) wasn't so lucky, shedding 5.8%.
Here are Monday's top stories:
- 3 big blue chip share ideas for 2017
- 10 top growth shares I'm tipping to shine in 2017
- Why the Nanosonics Ltd. share price is going nuts today
- How this company could sink your returns in 2017
- 3 dividend shares for your retirement portfolio
- Primary Health Care Limited loses CEO: Should you buy?
- SACKED & there could be trouble ahead for Sirtex Medical Limited
