The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended lower on Thursday, as the Telstra Corporation Ltd (ASX: TLS) share price and Vocus Group Ltd (ASX: VOC) share price continued to fall.
Here's a quick recap of global markets:
- FTSE 100 (UK): down 0.22%
- DAX (Germany): up 0.13%
- CAC 40 (France): down 0.01%
- Dow Jones (USA): down 0.29%
- NASDAQ (USA): down 0.52%
Here are today's key stats:
- ASX 200: down 0.7%
- All Ordinaries (ASX: XAO) (Index: ^AXAO): down 0.7%
- Australian dollar (A$) (AUDUSD): 75.95 cents
- Gold price: up 1%
- Copper: down 1%
- WTI Crude Oil: down 1%
- Iron ore: $US68 a tonne, according to The Metal Bulletin
Leading the ASX 200 lower today were shares of major iron ore miners following the $US 6 per tonne selloff in iron ore prices overnight. Here are the effects on share prices:
- BlueScope Steel Limited (ASX: BSL) – down 7.6%
- Fortescue Metals Group Limited (ASX: FMG) – down 6.8%
- Rio Tinto Limited (ASX: RIO) – down 4.6%
- BHP Billiton Limited (ASX: BHP) – down 4%
- South32 Ltd (ASX: S32) – down 4.5%
Also getting sold down on the ASX today were shares of Vocus Group and Telstra, falling 4.7% and 1.4%, respectively. In the past month, these companies are down 25% and 10%, respectively. Mesoblast Limited (ASX: MSB) and Vita Group Limited (ASX: VTG) were also sold off.
At the other end of the ASX performance tables, shares Independence Group NL (ASX: IGO), Afterpay Holdings Ltd (ASX: AFY), Northern Star Resources Ltd (ASX: NST) and Touchcorp Ltd (ASX: TCH) posted gains.
Here are today's top stories: