Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.30% to 5,820.70
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.30% to 5,919.70
- AUD/USD at US 78.3 cents
- Gold at US$1,321.30 an ounce
- Brent Oil at US$63.35 a barrel
The ASX indices have dropped further today, with both indices falling further away from 6,000. A lot of companies have reported today, here's how the market reacted to some of them.
Without doubt, the worst reaction has been to JB Hi-Fi Limited's (ASX: JBH) result, even though it did mostly report a decent set of numbers. Investors sent the share price down 8% today due to lower-than-expected guidance for FY18.
The market also reacted poorly to Ansell Limited's (ASX: ANN) result, the half-year report saw the share price drop by 3.87%.
Amcor Limited (ASX: AMC) saw one of the few positive reactions today, the market sent the share price 0.56% higher after seeing its half-year report.
The Praemium Ltd (ASX: PPS) share price has fallen by 4.44% after disappointing investors with its report.
Bendigo and Adelaide Bank Ltd (ASX: BEN) shareholders weren't thrilled by the community bank's report, the share price declined by around 2% today.
Investors think that Aurizon Holdings Ltd (ASX: AZJ) is on track to deliver a good future after seeing its half-year report today, its share price rose by 1.96%.
Medical Developments International Ltd (ASX: MVP) impressed investors today after announcing its deal with Walgreens, it rose by 1.98% today.
Mitula Group Ltd (ASX: MUA) sank nearly 13% after downgrading revenue and profit even further.
Finally, a broker upgrade has sent Galaxy Resources Limited (ASX: GXY) higher by 5.59% today.
Here are some of today's top stories:
- JB Hi-Fi Limited hands in its profit report and the share price plunges
- Ansell Limited shares push higher on 26% EPS growth
- Is Aventus Retail Property Fund's monster dividend yield too good to refuse?
- Getswift Ltd updates the market: What you need to know
- WAM Capital Limited reports half-year profit up 48%
