Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.35% to 6,278.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.36% to 6,368.80
- AUD/USD at US 74 cents
- Gold at US$1,221.85 an ounce
- Brent Oil at US$74.46 a barrel
The best-performing ASX 200 share today was AMP Limited (ASX: AMP), the financial company's share price is recovering after it announced changes to its business last week.
Another share on the up today was Telstra Corporation Ltd (ASX: TLS), it rose 1.8% after announcing leadership changes and a restructure.
The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price increased by 2.7% after last week's fall due to the merger proposition with Fairfax Media Limited (ASX: FXJ). Fairfax shares rose by 0.6% today.
Shares of cloud accounting business Xero Limited (ASX: XRO) fell by 2% even though a fund manager said it has the potential to be a global tech giant.
It was a sea of red for resource businesses today. Sandfire Resources NL (ASX: SFR) recorded the largest fall in the ASX 200 of 9%. Joining it in the red, Independence Group NL (ASX: IGO) fell by 6.7%, Orocobre Limited (ASX: ORE) dropped by 6.3% and Syrah Resources Ltd (ASX: SYR) declined by 6%.
Here are some of today's top stories:
