The St Barbara Ltd (ASX: SBM) share price was one of the market's biggest losers today after the gold price fell overnight. The SBM share price closed 9.2% lower for the day, with the broader market closing deep in the red as well.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5729 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5775 points
- AUD/USD at US 75.47 cents
- Iron Ore at US$92.36 a tonne, according to the Metal Bulletin
- Gold at US$1,232.15 an ounce
- Brent oil at US$55.20 a barrel
St Barbara wasn't the only gold miner that suffered on Friday. The Evolution Mining Ltd (ASX: EVN) share price fell 5.1%, while Resolute Mining Limited (ASX: RSG) and Northern Star Resources Ltd (ASX: NST) slipped 9.6% and 3.6%, respectively.
A number of blue chip shares closed significantly lower, as well. The Medibank Private Ltd (ASX: MPL) share price dropped 3.1%, the Rio Tinto Limited (ASX: RIO) share price lost 4.1% and Fortescue Metals Group Limited (ASX: FMG) shed 5.1%.
On a more positive note, the aged care operators had a good day on the market. The Estia Health Ltd (ASX: EHE) share price rose 1% and Japara Healthcare Ltd (ASX: JHC) lifted 0.8%.
Spotless Group Holdings Ltd (ASX: SPO) also rose 2.5% and QBE Insurance Group Ltd (ASX: QBE) gained 1.8%.
Here are Friday's top stories:
