The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) finished lower on Thursday.
Here's a quick recap of global markets:
- FTSE 100 (UK): down 0.2%
- DAX (Germany): up 0.2%
- CAC 40 (France): down 0.1%
- Dow Jones (USA): flat
- NASDAQ (USA): down 0.4%
Here are today's key stats:
- ASX 200: down 0.3%
- All Ordinaries: down 0.9%
- Australian dollar (A$) (AUDUSD): 74.08 cents
- Gold price: down 1.5%
- Copper: down 1.9%
- WTI Crude Oil: down 1.2%
With the broader market selloff, shares of National Australia Bank Ltd. (ASX: NAB) could only stay in positive territory for a few minutes after the market's open, following the release of its half-year report this morning.
Also weighing on the market were shares of Fortescue Metals Group Limited (ASX: FMG), falling almost 5% as iron ore prices sunk.
Fellow mining giants Rio Tinto Limited (ASX: RIO) and South32 Ltd (ASX: S32) also lost their shine.
Meanwhile, health business Mesoblast Limited (ASX: MSB) plummeted 14% today. Despite the fall, however, Mesoblast shares have risen 72% higher over the past three months.
At the other end of the market, Corporate Travel Management Ltd (ASX: CTD) shares rose 8% following another promising market update. Corporate Travel shares are up an incredible 1,200% since 2011. Shares of rival Flight Centre Travel Group Ltd (ASX: FLT) rose 5.8%.
Finally, Fairfax Media Limited (ASX: FXJ) shares rose 1.4% despite more profit growth concerns and an ongoing employee strike.
Here are today's top stories:
