Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.05% to 6,069.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.04% to 6,169.70
- AUD/USD at US 77 cents
- Gold at US$1,282 an ounce
- Oil at US$59.78 a barrel, down 0.03%.
Among the biggest movers of the day, the Retail Food Group Limited (ASX: RFG) share price rose by 9.57%. This means the share price has grown by 56% since its low of $1.62 on 20 December 2017. Today's rise is due to the company announcing the extension of its debt facilities by a further three years.
The gold miners such as Resolute Mining Limited (ASX: RSG) and St Barbara Ltd (ASX: SBM) had a good day thanks to a rising gold price. Fellow commodity miner Pilbara Minerals Ltd (ASX: PLS) also had a good day, rising 4.2% to $1.17.
The market appears to have had a delayed reaction to National Veterinary Care Ltd's (ASX: NVL) announcement that it will be acquiring a further four veterinary clinics by the end of February 2018, the share price rose by 4.44% today.
Finally, Qantas Airways Limited (ASX: QAN) and Santos Ltd (ASX: STO) have experienced diverging share prices today thanks to the oil price hitting $60. The Qantas share price fell by 2.5% and the Santos share price rose by 1.51%.
Here are some of today's top stories:
