Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.08% to 6,050.00
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.07% to 6,164.70
- AUD/USD at US 80.9 cents
- Gold at US$1,334.15 an ounce
- Brent Oil at US$71.02 a barrel
The ASX indices have weakened slightly today, but remain above the 6,000 level.
The biggest rise in the ASX200 today came from Western Areas Ltd (ASX: WSA), the nickel producer's share price rose by 5.33%. Investors are probably getting excited by news that there might not be enough nickel for all the electric cars produced in the future.
The gold miners had a golden day today after the gold price rose. Resolute Mining Limited (ASX: RSG) went up by 4.62%, Saracen Mineral Holdings Limited (ASX: SAR) went up by 4.32% and St Barbara Ltd (ASX: SBM) rose by 3.78%.
At the opposite end of the scoreboard Syrah Resources Ltd (ASX: SYR) went down by 5.4%, with Macquarie Group Ltd (ASX: MQG) ceasing to be a substantial shareholder.
Kogan.Com Ltd (ASX: KGN) excited investors even further with news that it would be launching a life insurance product. The online business' share price rose by 3.16% today.
Finally, private health insurer businesses Medibank Private Limited (ASX: MPL) and NIB Holdings Limited (ASX: NHF) reported their annual insurance premium rises, the share prices rose by 0.61% and 0.30% respectively.
Here are some of today's top stories:
