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 0.24% to 5,920.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.25% to 6,027.60
- AUD/USD at US 79 cents
- Gold at US$1,325.13 an ounce
- Brent Oil at US$64.85 a barrel
The ASX indices have dropped again today, adding to losses this week.
Some of the most volatile stocks have been the best performers today. Saracen Mineral Holdings Limited (ASX: SAR) delivered the best rise in the ASX200 after it grew by 6.63%.
Lithium miner Pilbara Minerals Ltd (ASX: PLS) was the next best performer, growing by 4.86%, which was a much better result compared to its peers.
National Australia Bank Ltd (ASX: NAB) and Commonwealth Bank of Australia (ASX: CBA) both dropped by around 1% today as the banking commission continued to reveal troubling practices at the country's biggest banks.
The Myer Holdings Ltd (ASX: MYR) share price rose by 2.41% in one of its last days in the ASX200 days.
Investors continue to punish Retail Food Group Limited (ASX: RFG) with the share price falling by 5.5% today.
G8 Education Ltd (ASX: GEM) fell by 2.83% today even though a top broker said it could be a turnaround story.
Finally, Kiwi company Spark New Zealand Ltd (ASX: SPK) dropped by 4.55% today as investors turn against telcos.
Here are some of today's top stories:
