The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) finished lower on Wednesday.
Here's a quick recap of global markets:
- FTSE 100 (UK): up 0.6%
- DAX (Germany): up 0.6%
- CAC 40 (France): up 0.7%
- Dow Jones (USA): up 0.2%
- NASDAQ (USA): up 0.1%
Here are today's key stats:
- ASX 200: down 1%
- All Ordinaries: down 0.9%
- Australian dollar (A$) (AUDUSD): 74.90 cents
- Gold price: up 0.1%
- Copper: up 1%
- WTI Crude Oil: down 1.4%
- Iron ore: $US68.72 per tonne, according to The Metal Bulletin
Weighing on market sentiment were shares of Vocus Group Ltd (ASX: VOC). Following months of selling pressure the owner of Dodo, iPrimus and other telco brands announced a profit downgrade. Shares fell more than 27%.
Also amongst the worst performers were shares of Pact Group Holdings Ltd (ASX: PGH), falling 10.5%, and G8 Education Ltd (ASX: GEM), which fell 8%.
Amongst blue chip shares, the Amcor Limited (ASX: AMC) share price fell 3.2% while the Australia and New Zealand Banking Group (ASX: ANZ) share price fell another 2.8%, following the release of its half-year results yesterday.
Fairfax Media Limited (ASX: FXJ) shares closed 0.9% lower after the New Zealand Commerce Commission released a statement saying that its Kiwi subsidiary could not perform a proposed merger, and its Australian staff announced a strike following a statement that the company would lay off editorial staff.
At the other end of the performance tables, iSentia Group Ltd (ASX: ISD) shares rallied 13% following a presentation at a roadshow. Meanwhile, software business WiseTech Global Ltd (ASX: WTC) rallied 6% and gold company OceanaGold Corporation (ASX: OGC) jumped 5%.
Here are today's top stories:
