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 0.97% to 6,467.40
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.00% to 6,550.50
- AUD/USD at US 68 cents
- Gold at US$1,507.96 an ounce
- Brent Oil at US$59.32 a barrel
The best-performing ASX 200 share today was the Smartgroup Corporation Ltd (ASX: SIQ) share price which rose by 21% after last week’s result.
Another business to see its share price perform well today belonged to Beach Energy Ltd (ASX: BPT), it climbed 11.4% thanks to its released report.
The Lendlease Group (ASX: LLC) share price went up almost 11% with investors pleased by what they read in the FY19 report.
The share price of Netwealth Group Ltd (ASX: NWL) rose by 3.6% after revealing its FY19 report to investors.
It was a painful day for the shareholders of BlueScope Steel Limited (ASX: BSL), its report sent the share price down by over 8%.
The share price of NIB Holdings Limited (ASX: NHF) fell 6.3% after reporting its result but warning of likely lower profit margins in FY20.
The Altium Limited (ASX: ALU) share price rose 5% in anticipation of the release of the FY19 result.
Finally, the share price of gold miner Saracen Mineral Holdings Limited (ASX: SAR) fell over 5% after reporting.
Here are some of today’s top stories:
- What does an inverted yield curve mean?
- Is it a good idea to use a credit card for spending money?
- 2 ASX growth shares I’m watching this week
- Why I’m still banking on Xero shares as it sticks to FY 2020 guidance
It will be very interesting to see the market’s reaction tomorrow to Altium’s result. I think Altium, along with these top ASX shares could be worth a place in a quality portfolio.
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Motley Fool contributor Tristan Harrison owns shares of Altium. The Motley Fool Australia owns shares of Altium and Netwealth. The Motley Fool Australia has recommended NIB Holdings 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