Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.58% to 6,050.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.60% to 6,136.70
- AUD/USD at US 75 cents
- Gold at US$1,310.66 an ounce
- Brent Oil at US$73.53 a barrel
The Qantas Airways Limited (ASX: QAN) share price soared 8.1% higher today after the company revealed its revenue and profit guidance.
Another business to drive the share price higher was ARB Corporation Limited (ASX: ARB), it went up 6% after it revealed even more sales growth.
Natural skincare business BWX Limited (ASX: BWX) saw its share price go up a beautiful 5.3% after making a presentation about its progress.
InvoCare Limited (ASX: IVC) suffered a fall of 7.2% today after telling the market that FY18's operating earnings are now likely to decline compared to FY17.
The softening housing market is having a negative effect on Gateway Lifestyle Group (ASX: GTY) with the retirement village operator taking longer to settle property sales, investors sent the share price down 9% in response.
Annuity provider Challenger Ltd (ASX: CGF) was another company to make a presentation to investors today, its share price rose 4% by the end of trade.
The Ramsay Health Care Limited (ASX: RHC) share price nudged 1% higher today after announcing it was launching a global joint venture procurement company.
Finally, JB Hi-Fi Limited (ASX: JBH) plunged by almost 9% after admitting that profit would be under its previous guidance.
Here are some of today's top stories:
