Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.44% to 6,648.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.48% to 6,731.40
- AUD/USD at US 70 cents
- Gold at US$1,384.88 an ounce
- Brent Oil at US$66.50 a barrel
The best-performing ASX 200 share today was the Galaxy Resources Limited (ASX: GXY) share price which rose 7.4%.
The share price of Afterpay Touch Group Ltd (ASX: APT) declined by 2.7% as the buy now, pay later company gave a response to ASX queries.
The Link Administration Holdings Ltd (ASX: LNK) share price rose by 5.2% as it completed its business unit sale.
Gold miners didn’t have a good day with the China-US trade war potentially coming closer to an end. The Resolute Mining Limited (ASX: RSG) share price fell almost 5%.
The trade war news also had a positive effect on many US-related and economy-facing businesses. The Magellan Financial Group Ltd (ASX: MFG) share price rose 4.3% and the Altium Limited (ASX: ALU) share price climbed 3.9%.
The share price of Paragon Care Ltd. (ASX: PGC) rose 9.6% as it announced the sale of its legacy capital business to Cabrini Health.
Finally, the share price of Flight Centre Travel Group Ltd (ASX: FLT) fell 0.6% as the travel business announced a European acquisition.
Here are some of today’s top stories:
- Are you ready for 0% interest rates?
- 2 ASX shares to watch for value investors this week
- Where I’d invest $10,000 into ASX shares for FY20
- These 10 ASX 200 shares were the best-performers in FY19
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Tristan Harrison owns shares of Altium and Paragon Care Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Link Administration Holdings Ltd. The Motley Fool Australia owns shares of and has recommended Flight Centre Travel Group Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO and Altium. The Motley Fool Australia has recommended Link Administration Holdings Ltd and Paragon Care Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2019