The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) finished lower on Friday.
Here's a quick recap of global markets:
- FTSE 100 (UK): up 0.04%
- DAX (Germany): down 0.17%
- CAC 40 (France): down 0.08%
- Dow Jones (USA): up 0.34%
- NASDAQ (USA): up 0.69%
Here are today's key stats:
- ASX 200: down 0.7%
- All Ordinaries: down 0.6%
- Australian dollar (A$) (AUDUSD): 74.31 cents
- Gold price: up 0.2%
- Copper: flat
- WTI Crude Oil: down 5%
Amongst the worst performers were shares of Woodside Petroleum Limited (ASX: WPL), which fell sharply following the slump in oil prices. The sell-off of oil came on the back of an OPEC meeting overnight.
Fortescue Metals Group Limited (ASX: FMG) shares fell more than 4% following overnight declines in iron ore prices. Although the standard grade iron ore prices fell just 0.5%, poorer quality ore like Fortescue's was fetching 2.5% less. Prices of the lower grade ore have fallen 8% this week, according to The Metal Bulletin.
Select Harvests Limited (ASX: SHV) shares were also feeling the pinch today, falling as much as 14% following a trading update. Apiam Animal Health Ltd (ASX: AHX) fell 31% after releasing its full-year profit guidance.
At the other end of the ASX's performance tables was Fisher & Paykal Healthcare Corp Ltd (ASX: FPH) which rose over 3%. Also staging a rally were shares of JB Hi-Fi Limited (ASX: JBH) and OceanaGold Corporation (ASX: OGC).
Here are today's top stories: