The local share market continued to rise today, pushing higher towards 5,800 points.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5785 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5832 points
- AUD/USD at US 80.48 cents
- Iron Ore at US$70.43 a tonne, according to the Metal Bulletin
- Gold at US$1,263.57 an ounce
- Brent oil at US$50.87 a barrel
The Bapcor Ltd (ASX: BAP) share price continued to rise today, lifting another 4.2%. The company provided an update yesterday on the optimisation benefits it expects to achieve from the Hellaby Holdings acquisition.
The a2 Milk Company Ltd (Australia) (ASX: A2M) share price jumped 7.4%, as well, despite the absence of any company news, while St Barbara Ltd (ASX: SBM) shares rose 6.5%.
At the opposite end of the market, Independence Group NL (ASX: IGO) shares shed 3.5% and Mantra Group Ltd (ASX: MTR) shares dropped 2.9%.
Meanwhile, the Fortescue Metals Group Limited (ASX: FMG) share price dipped 1.1% after the company released its June quarterly production report. The company said it had dropped its cash production costs to US$12.16 per wet metric tonne, with plans to reduce those further to between US$11 to US$12 per wet metric tonne in FY2018.
