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 short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.42% to 6,042.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.37% to 6,187.60
- AUD/USD at US 81 cents
- Gold at US$1,348 an ounce
- Brent Oil at US$70.45 a barrel
The ASX indices have grown strongly today, recovering a lot of the ground lost last week.
The biggest rise in the ASX200 today came from Orocobre Limited (ASX: ORE), the share price rose by 5.66% today. The company recently announced a $282 million placement with Toyota subsidiary Toyota Tsusho at $7.50 per share.
Other resource companies were also strong performers in the ASX200 today, the Iluka Resources Limited (ASX: ILU) share price rose by 4.85% and the South32 Ltd (ASX: S32) share price rose by 3.66%.
One of the other top performers of the day was Fairfax Media Limited (ASX: FXJ), it's been one of the most volatile stocks in the ASX200 recently and rose by 5.19% today.
At the other end of the performance table the gold miners had a bad day today. Saracen Mineral Holdings Limited (ASX: SAR) went down by 4.73%, Regis Resources Limited (ASX: RRL) declined by 3.97% and Resolute Mining Limited (ASX: RSG) fell by 2.52%. Fellow gold miner Northern Star Resources Ltd (ASX: NST) fared the worst after a broker downgrade, sending the price down by 5.91% today.
Finally, daigou supplier company Aumake International Ltd's (ASX: AU8) share price shot up by almost 22% on news of its positive quarterly update.
Here are some of today's top stories:
- Deutsche's 13 predictions for our share market this year
- AMA Group Ltd surges to record high on takeover bid as M&A fever heats up
- A new CEO signals more of the same for Commonwealth Bank of Australia
- Atlas Iron Limited share price crashes 16%
- Global investment giant sees value in Australia's major banks
