Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.38% to 6,161.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.39% to 6,269.50
- AUD/USD at US 72 cents
- Gold at US$1,198.20 an ounce
- Brent Oil at US$77.76 a barrel
The best-performing ASX 200 share today was Western Areas Ltd (ASX: WSA), its share price rose 4.2% after reporting more strong results at Mt Alexander.
Aged care providers recovered today after the Federal Government announced that it would launch a Royal Commission into the sector with increasing reports of poor care. All the major ASX-listed operators rose. The Estia Health Ltd (ASX: EHE) share price went up 2.9%, the Regis Healthcare Ltd (ASX: REG) share price rose 2.3% and the Japara Healthcare Ltd (ASX: JHC) share price increased 2.16%.
Retirement village operator Aveo Group (ASX: AOG) also recovered 1.5% because there was speculation that the sector could be grouped into the Royal Commission.
A couple of growth shares were particularly hurt today – Altium Limited (ASX: ALU) dropped 4.3% and Afterpay Touch Group Ltd (ASX: APT) declined 5.1%.
Telco TPG Telecom Ltd (ASX: TPM) reported its FY18 result today, the share price went down initially but finished flat.
Finally, the share price of Kathmandu Holdings Limited (ASX: KMD) finished up 0.7% after the retailer revealed a 33% increase of profit in its FY18 result.
Here are some of today's top stories:
- How I'd invest $25,000 into growth shares today
- A steeper than expected drop in Sydney house prices is crushing this stock
- Trump is turning a trade skirmish into a trade war with tariffs on US$200 billion more goods
- Commonwealth Bank of Australia (ASX:CBA) to end SMSF loans, more property pain ahead?
