The local share market was hit with a hammer again on Thursday following a rough night for Wall Street, sparked by the latest Donald Trump controversy.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.8% to 5738 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.8% to 5775 points
- AUD/USD at US 74.59 cents
- Iron Ore at US$62.20 a tonne, according to the Metal Bulletin
- Gold at US$1,259.62 an ounce
- Brent oil at US$52.00 a barrel
Investors were hit hard on Thursday as some of the country's biggest shares toppled. National Australia Bank Ltd. (ASX: NAB) fell another 0.9% and Westpac Banking Corp (ASX: WBC) shed 3.1%, weighed down after the shares went ex-dividend.
The Coca-Cola Amatil Ltd (ASX: CCL) share price dropped 3.8% as well after Goldman Sachs downgraded its view on the stock from Neutral to Sell.
Sirtex Medical Limited (ASX: SRX) plummeted 28.3% on the back of poor research results. It also announced a personnel change with Mr Kevin Richardson, CEO of the Americas division, ceasing employment with the business immediately.
On the other hand, the OrotonGroup Limited (ASX: ORL) share price bounced back in fine fashion after yesterday's mauling. The shares regained 10.6%.
And Fairfax Media Limited (ASX: FXJ) rose 6.9% after the media group received another takeover offer, this time from Hellman and Friedman.
Here are Thursday's top stories:
