Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.47% to 6,048.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.35% to 6,165.90
- AUD/USD at US 79.7 cents
- Gold at US$1,341.70 an ounce
- Brent Oil at US$70.00 a barrel
The ASX indices have had a fairly negative day today.
Today, the biggest rise in the ASX200 came from a2 Milk Company Ltd (Australia) (ASX: A2M) which rose by 6.46%.
The rise of a2 was likely due to a positive trading update from Bellamy's Australia Ltd (ASX: BAL), Bellamy's share price has risen by a huge 24.82% today.
Blackmores Limited (ASX: BKL) appears to have benefited from the Bellamy's news as well, with the share price growing by 6.17%.
Afterpay Touch Group Ltd (ASX: APT) released an exciting update with news of an expansion into the USA. The share price grew by 16.87% by the close.
Fund manager BT Investment Management Ltd (ASX: BTT) revealed a very positive funds under management inflow update today, which caused the share price to rise by 3.21%.
Vocus Group Ltd (ASX: VOC) and Telstra Corporation Ltd (ASX: TLS) fell by 2.78% and 1.62% respectively due to a broker downgrade.
Finally, the share prices of Speedcast international Limited (ASX: SDA) and Retail Food Group Limited (ASX: RFG) went down 4.10% and 4.26% respectively to round off a disappointing day for the ASX200.
Here are some of today's top stories:
