Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished slightly lower on Monday.
Here's a quick recap of the Aussie market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.2%
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1%
- AUD/USD at US 78.03 cents
- Gold at US$1,227 an ounce, up 0.8%
- Oil at US$46.75 a barrel, up 1.1%
Weighing on the market were shares of Medibank Private Ltd (ASX: MPL) and TPG Telecom Ltd (ASX: TPM). Health insurer, Medibank, did not release any material news to the market but it has been caught up in the media spotlight in recent days.
Similarly, TPG Telecom shares were sold down 2% despite no company-specific news.
Further down the market, WiseTech Global Ltd (ASX: WTC) fell 3.5% and Virgin Australia Holdings Ltd (ASX: VAH) lost 3%.
At the other end of the ASX's performance table, Beach Energy Ltd (AX: BPT) shares rose 6.7%. Meanwhile, blue chip mining companies Santos Ltd (ASX: STO) and South32 Ltd (ASX: S32) did much of the heavy lifting up top, rising 2.7% and 4.7%, respectively.
Here are today's top stories:
