Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.
Here's a quick recap of the Aussie market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.1%
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1%
- AUD/USD at US 76.63 cents
- Gold at US$1,249 an ounce, up 0.2%
- Oil at US$44.88 a barrel, up 1.4%
Leading the market higher were shares of Qantas Airways Limited (ASX: QAN), which today reached a 10-year-high following a credit rating upgrade. The Flying Kangaroo has soared 75% higher this year alone.
Oil Search Limited (ASX: OSH) and Rio Tinto Limited (ASX: RIO) shares rose 4.5% and 3.3%, respectively, despite no news.
Further down the market, mining companies Independence Group NL (ASX: IGO) and Evolution Mining Ltd (ASX: EVN) rose over 4%. Embattled biotechnology business, Sirtex Medical Limited (ASX: SRX) rose 4.3% – up 39% for the month.
At the other end of the market, tarnished aged care provider Aveo Group (ASX: AOG) fell another 4% following scathing allegations earlier this week.
Finally, Slater & Gordon Limited (ASX: SGH) shares fell 3% after the law firm announced a debt-for-equity swap for 95% ownership of the company.
Here are today's top stories: