The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) edged higher on Thursday despite falls in the Wesfarmers Ltd (ASX: WES) share price and Santos Ltd (ASX: STO) share price.
Here's a quick recap of global markets:
- FTSE 100 (UK): up 0.2%
- DAX (Germany): up 0.1%
- CAC 40 (France): up 0.2%
- Dow Jones (USA): down 0.1%
- NASDAQ (USA): flat
Here are today's key stats:
- ASX 200: up 0.2%
- All Ordinaries (ASX: XAO) (Index: ^AXAO): up 0.1%
- Australian dollar (A$) (AUDUSD): 74.86 cents
- Gold price: up 0.5%
- Copper: up 0.4%
- WTI Crude Oil: down 0.3%
- Iron ore closed 0.7% lower at $US66.62 a tonne overnight
Wesfarmers shares were among the worst performers on the ASX. The owner of Coles, Bunnings Warehouse, Kmart, Target and Officeworks reported its third quarter results this morning.
Shares of oil and gas giants Santos, Origin Energy Ltd (ASX: ORG), Woodside Petroleum Limited (ASX: WPL) and AGL Energy Ltd (ASX: AGL) came off the boil after the government proposed export restrictions on producers to stymie Australia's domestic gas shortage.
Fortescue Metals Group Limited (ASX: FMG) shares and Alumina Limited (ASX: AWC) shares ended more than 3% lower. Meanwhile, Ten Network Holdings Limited (ASX: TEN) shares ended 19% in the red with the company potentially starring the barrel of bankruptcy.
At the other end of the market's performance tables, the Qantas Airways Limited (ASX: QAN) share price rose nearly 5% while Brambles Limited (ASX: BXB) headed 2.9% higher.
Further down the market, gold miners St Barbara Ltd (ASX: SBM) and Northern Star Resources Ltd (ASX: NST) bounced back around 5%.
Here are today's top stories: