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 0.12% to 6,091.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.12% to 6,183.20
- AUD/USD at US 75 cents
- Gold at US$1,315.10 an ounce
- Brent Oil at US$75.55 a barrel
The best performing share in the ASX200 was Platinum Asset Management Limited (ASX: PTM), it went up 8.6% after it received an upgrade from a broker and reported higher funds under management in April.
IPH Ltd (ASX: IPH) was another top performer as it announced an on-market buy-back of its shares. The share price went up 7.25%.
The Healthscope Ltd (ASX: HSO) share price increased by another 3.3% today after a Canadian REIT took up a 10% stake in Healthscope and wants to buy Healthscope's real estate.
The shareholders of Blue Sky Alternative Investments Ltd (ASX: BLA) continue to suffer, it dropped by 5.2% after the AFR reported Blue Sky had been charging for undrawn loans.
Baby Bunting Group Ltd's (ASX: BBN) share price fell by 1.5% today after confirming its profit is likely to be lower than predicted this year after two of its competitors entered administration.
The Nufarm Limited (ASX: NUF) share price fell 0.9% after announcing a profit downgrade to investors.
CYBG PLC/IDR UNRESTR (ASX: CYB), better known as Clydesdale Bank and Yorkshire Banking Group, has made a $3 billion bid for Virgin Money in the UK. Its share price fell by 2.3% today.
Finally, Eclipx Group Ltd (ASX: ECX) fell by 4.5% after announcing its half-year result to investors.
Here are some of today's top stories:
