The local share market fell sharply again today, weighed down by the major banks and miners.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.9% to 5699 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5754 points
- AUD/USD at US 74.97 cents
- Iron Ore at US$83.65 a tonne, according to the Metal Bulletin
- Gold at US$1,206.78 an ounce
- Brent oil at US$55.68 a barrel
National Australia Bank Ltd. (ASX: NAB) and Australia and New Zealand Banking Group (ASX: ANZ) slipped 1.1% and 1.3%, respectively. All four banks ended the session in the red.
Meanwhile, Rio Tinto Limited (ASX: RIO) fell 0.8% and South32 Ltd (ASX: S32) shed 3.2%, with Fortescue Metals Group Limited (ASX: FMG) down 3.3%.
Shares of Nanosonics Ltd. (ASX: NAN) retreated 4.4% following yesterday's impressive rally. Somnomed Limited (ASX: SOM) also fell 4.8%.
Elsewhere, the gold miners were the stars of the show. Regis Resources Limited (ASX: RRL) was the top performing share from the ASX 200, rising 5.1%.
EVOLUTION FPO (ASX: EVN), Independence Group NL (ASX: IGO), Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) weren't far behind, rising between 1.5% and 3.2%.
Here are Tuesday's top stories:
- The Secret Ingredient to Becoming a Millionaire
- Can the Commonwealth Bank of Australia share price hit $100?
- Why this broker slapped a $12.50 price target on Transurban Group shares
- How many stocks should I own?
- 3 small-caps with BIG dividends I would buy today
- Want an extra $3,000 dividend income this year? Buy these 2 ASX shares
