The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) finished higher on Tuesday.
Here's a quick recap of global markets:
- FTSE 100 (UK): up 0.4%
- DAX (Germany): up 0.2%
- CAC 40 (France): down 0.1%
Here are today's key stats:
- ASX 200: up 0.2%
- All Ordinaries: up 0.1%
- Australian dollar (A$) (AUDUSD): 74.42 cents
- Gold price: down 0.1%
- WTI Crude Oil: up 0.4%
- Iron ore: Up 1% to $US58.50 per tonne, according to The Metal Bulletin
At the top of the ASX's performance tables was Insurance Australia Group Limited (ASX: IAG) and Fortescue Metals Group Limited (ASX: FMG), rising 2.7% and 1.9%, respectively.
National Australia Bank Ltd. (ASX: NAB) and Westpac Banking Corp (ASX: WBC) were the best-performing major banks. Meanwhile, further down the market child care centre operator G8 Education Ltd (ASX: GEM) bounced back 3.5% following the company's AGM yesterday, and Super Retail Group Limited (ASX: SUL) rose over 3% despite no news.
At the other end of the performance tables, NIB Holdings Limited (ASX: NHF) fell 4.6%, followed by Virgin Australia Holdings Ltd (ASX: VAH) which sunk more than 2%.
Today, NIB announced to shareholders that the Australian Competition and Consumer Commission (ACCC) has launched a legal case against the health insurer for issues dating back to August 2015.
Here are today's top stories: