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) higher 1.16% to 6,172.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.06% to 6,274.60
- AUD/USD at US 74 cents
- Gold at US$1,276.95 an ounce
- Brent Oil at US$75.47 a barrel
The best-performing ASX200 share today was logistics technology company WiseTech Global Ltd (ASX: WTC), it finished the day up 5.7%.
The big news of the day was Telstra Corporation Ltd's (ASX: TLS) investor day with the announcement of 8,000 job cuts, indeed it appears the telco is betting heavily on 5G for its future.
Futuristic construction company Fastbrick Robotics Ltd (ASX: FBR) finished the day flat after signing an agreement with Mexican developer GP Vivienda.
Sydney Airport Holdings Ltd (ASX: SYD) shares went up by 0.7% after revealing more passenger growth.
The Vocus Group Ltd (ASX: VOC) share price fell by 2.66% despite a subsea contract cable win.
Gold miners were some of the worst ASX200 performers with Saracen Mineral Holdings Limited (ASX: SAR) down by 3.59% and Resolute Mining Limited (ASX: RSG) dropping by 3.1%.
To round off some of today's gains, dairy-related businesses Bega Cheese Ltd (ASX: BGA) and Bellamy's Australia Ltd (ASX: BAL) went up 3.58% and 4.51% respectively.
Here are some of today's top stories:
