Australia's S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here's a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.63% to 7,088.00
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.69% to 7,199.00
- AUD/USD at US 69 cents
- Gold at US$1,559.45 an ounce
- Brent Oil at US$62.30 a barrel
One of the best-performing ASX 200 shares today was property business National Storage REIT (ASX: NSR), its share price climbed 6% in response to talks of a takeover.
The share price of Webjet Limited (ASX: WEB) also went up by 5.1% because of media reporting that takeover talks were progressing.
It was a painful day for Cimic Group Ltd (ASX: CIM) with the share price being crunched almost 20% after announcing a huge write-off.
Engineering business Downer EDI Limited (ASX: DOW) saw its share price drop 17.8% after downgrading its profit expectations.
A falling oil price had a pretty rough effect on Beach Energy Ltd (ASX: BPT), its share price dropped 6.4% today.
360 Capital Total Return Fund (ASX: TOT) gave an update today and also announced a share buy-back, which sent it share price up by more than 1%.
The announcement of the new chairman for Westpac Banking Corp (ASX: WBC) was not enough to stop the share price falling 0.3%.
Finally, the share price of Netwealth Group Ltd (ASX: NWL) dropped 2.6% after giving its December 2019 quarterly business update.
Here are some of today's top stories: