Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.
Here's a quick recap of the Aussie market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5%
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5%
- AUD/USD at US 76.11 cents
- Gold at US$1,256 an ounce, up 0.15%
- Oil at US$44.97 a barrel, up 0.65%
Amongst the companies powering the market higher was AGL Energy Ltd (ASX: AGL) and National Australia Bank Ltd. (ASX: NAB). Despite neither company releasing an announcement to the market, their shares closed 2% and 1.5% higher, respectively.
Further down the market, shares of embattled infant formula business Bellamy's Australia Ltd (ASX: BAL) popped 13% today following a capital raising which generated $60 million. The company will use the money to negotiate with a supplier and buy a manufacturing facility. Fellow milk company, a2 Milk Company Ltd (Australia) (ASX: A2M) rose 6.5%.
At the other end of the market's performance table was Woolworths Limited (ASX: WOW), which fell 3.5%.
Retailer companies Super Retail Group Limited (ASX: SUL) and Harvey Norman Holdings Limited (ASX: HVN) joined their larger peer in being sold down.
Here are today's top stories:
