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 0.1%
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1%
- AUD/USD at US 75.80 cents
- Gold at US$1,246 an ounce, up 0.6%
- Oil at US$43.01 a barrel, up 0.6%
Leading the market higher were shares of Metcash Limited (ASX: MTS), which ended more than 4% higher. The owner of IGA Supermarkets and Home Timber and Hardware this morning announced its full year results, posting a 5% increase in sales, an 8% rise in operating profit and a dividend of 4.5 cents per share.
Flight Centre Travel Group Ltd (ASX: FLT) shares rose 2.3% while Platinum Asset Management Ltd (ASX: PTM) finished 2.2% higher. Woolworths Limited (ASX: WOW) posted a 0.9% rise.
At the other end of the market, Aveo Group (ASX: AOG) shares plunged 11% after journalists alleged that the company applied alarming pricing pressures on its elderly residents.
Amongst the blue chips, QBE Insurance Group Ltd (ASX: QBE) shares continued their recent woes, falling 2.2%.
Here are today's top stories:
