Local shares edged higher again today, despite there being a number of big losers for the session.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5715 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5754 points
- AUD/USD at US 75.49 cents
- Iron Ore at US$60.80 a tonne, according to the Metal Bulletin
- Gold at US$1,252.10 an ounce
- Brent oil at US$45.34 a barrel
The Bellamy's Australia Ltd (ASX: BAL) lost some of its steam today. The BAL share price declined 5%, although it remains 35.8% higher since the beginning of the month.
The Ardent Leisure Group (ASX: AAD) share price plunged 6.6% today after the company updated its full-year earnings guidance. It now expects its core earnings (EBITDA) to be between $73 million and $75 million for the year.
TPG Telecom Ltd (ASX: TPM) was a standout performer today, rising 4.8%, compared to telecommunications behemoth Telstra Corporation Ltd (ASX: TLS) whose shares rose 0.7%.
The miners produced mixed results today. The BHP Billiton Limited (ASX: BHP) share price rose 1.2%, aided by a rebounding oil price. Its smaller rival, Fortescue Metals Group Limited (ASX: FMG), declined 0.6%.
Orocobre Limited (ASX: ORE) was among the market's other poor performers, slipping 4.5%. Mayne Pharma Group Ltd (ASX: MYX), on the other hand, rose 6.6%.
Here are Friday's top stories: