Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.14% to 5,962.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1.09% to 6,061.50
- AUD/USD at US 78 cents
- Gold at US$1,326.62 an ounce
- Brent Oil at US$64.61 a barrel
The market recovered today, ending a streak of several down days.
The biggest gain in the ASX200 belonged to Lynas Corporation Ltd (ASX: LYC). The share price rose 6.82% today after reporting a pleasing set of figures yesterday.
Another large gain belonged to Vocus Group Ltd (ASX: VOC), it rose by 6.19% after announcing a new chairman.
Australian pharmaceutical Industries Ltd (ASX: API) rose by 5% today on no news.
The Qantas Airways Limited (ASX: QAN) share price soared higher today by 4.99% even though some market commentators are questioning why the airline is leaving upgrades to its fleet for so far into the future.
Retail Food Group Limited (ASX: RFG) continued its downward descent today as it dropped a further 11.97%. Investors are fleeing as the company's future growth looks rocky and franchisees are looking to sell.
Myer Holdings Ltd (ASX: MYR) dropped 2.17% today after its large share price rise yesterday.
The Cimic Group Ltd (ASX: CIM) share price rose by 2.09% today after announcing it had won a $150 million contract extension.
Finally, BHP Billiton Limited (ASX: BHP) and South32 Ltd (ASX: S32) rose by 2.1% and 4.26% today after recent volatility relating to Donald Trump's tariff comments.
Here are some of today's top stories:
