The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended higher on Wednesday with share price gains from a2 Milk Company Ltd (Australia) (ASX: A2M) and Seven Group Holdings Ltd (ASX: SVW).
Here's a quick recap of global markets:
- FTSE 100 (UK): up 0.1%
- DAX (Germany): up 0.1%
- CAC 40 (France): up 0.2%
- Dow Jones (USA): up 1.1%
- NASDAQ (USA): up 0.7%
Here are today's key stats:
- ASX 200: up 0.7%
- All Ordinaries (ASX: XAO) (Index: ^AXAO): up 0.6%
- Australian dollar (A$) (AUDUSD): 75.16 cents
- Gold price: down 1%
- Copper: up 0.7%
- WTI Crude Oil: up 0.2%
- Iron ore closed 0.7% lower at $US66.07 a tonne overnight
At the top of the ASX's performance tables was Seven Group Holdings. Among other things, Seven Group is one of Australia's and North East China's distributors of Caterpillar machinery. Overnight, the US giant reported a promising market update and shares soared.
The a2 Milk Company share price also lifted more than 7% today after it announced a promising market update. Shares of rival Bellamy's Australia Ltd (ASX: BAL) got sucked in a2 Milk's updraft and rose 5%.
Pot stock MMJ Phytotech Ltd (ASX: MMJ) shares rose strongly following a market update, in which it stated that its subsidiary would list on Canada's Toronto stock exchange.
At the other end of the Australian market's performance tables were shares of gold miners, including:
- Newcrest Mining Limited (ASX: NCM): down 4.9%
- St Barbara Ltd (ASX: SBM): down 11%
- Northern Star Resources Ltd (ASX: NST): down 7%
- Regis Resources Limited (ASX: RRL): down 6%
- Evolution Mining Ltd (ASX: EVN): down 5%
Here are today's top stories:
