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 0.4%
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4%
- AUD/USD at US 80.24 cents
- Gold at US$1,325 an ounce, down 0.3%
- Oil at US$50.44 a barrel, up 0.2%
Leading the market higher today were shares of South32 Ltd (ASX: S32), which rose 2.6%. The mining business did not release any material news to the market, but its shares have risen 22% in three months.
Vocus Group Ltd (ASX: VOC), the owner of Dodo, iPrimus and other telco brands revealed that one of its directors increased his ownership of the company's stock. Its shares rose 2.1%.
Meanwhile, cloud accounting business XERO FPO NZX (ASX: XRO) rose 2.7% after being admitted into the ASX's list of largest 300 companies.
Weighing on the market were shares of Fisher & Paykel Healthcare Ltd (ASX: FPH), which fell 4.3% following an issuance of shares.
Meanwhile, Fortescue Metals Group Ltd (ASX: FMG) shares fell 2.7%.
Here are today's top stories: