The local share market got another boost today with the share prices of a number of big-name businesses rising on solid earnings reports.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.7% to 5760 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.7% to 5812 points
- AUD/USD at US 76.65 cents
- Iron Ore at US$86.62 a tonne, according to the Metal Bulletin
- Gold at US$1,230.58 an ounce
- Brent oil at US$56.51 a barrel
JB Hi-Fi Limited (ASX: JBH) excited investors when it reported an 11.7% increase in sales at its Australian stores (excluding The Good Guys) with earnings before interest and tax (EBIT) from that division rising 21.5%. Comparable store sales also grew at an impressive 8.7%, sending the JBH share price 3.2% higher.
The Amcor Limited (ASX: AMC) share price lifted 4.3% on the group's own earnings results with Aurizon Holdings Ltd (ASX: AZJ) up 2.5% as well.
Other shares that enjoyed strong gains today were Fortescue Metals Group Limited (ASX: FMG), up 6.2%, St Barbara Ltd (ASX: SBM), up 0.8%, and Aconex Ltd (ASX: ACX), up another 5.6%.
The Bendigo and Adelaide Bank Ltd (ASX: BEN) share price didn't fare so well, shedding 5%. Ansell Limited (ASX: ANN) fell 2.2% as well.
Meanwhile, the Domino's Pizza Enterprises Ltd. (ASX: DMP) share price dropped another 4.8% following reports from Fairfax Media regarding visa fraud within its franchisees.
The Prophecy International Holdings Limited (ASX: PRO) share price was slammed as well after they reported a sharp decline in first-half revenues compared to the same period last year. The PRO share price plunged 29.3%.
Here are Monday's top stories:
