Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.60% to 5,855.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.63% to 5,957.00
- AUD/USD at US 78.7 cents
- Gold at US$1,318.27 an ounce
- Brent Oil at US$62.91 a barrel
The ASX indices have recovered somewhat today, with both indices closing the gap to 6,000. A lot of companies have reported today, here’s how the market reacted to some of them.
Annuity giant Challenger Ltd (ASX: CGF) reported its half-year result today, with normalised net profit after tax growing by 6%. The share price finished the day slightly down by 0.16%.
Lithium miners had a great day as they charged up the ASX’s returns. Pilbara Minerals Ltd (ASX: PLS) increased by 9.43%, Galaxy Resources Limited (ASX: GXY) increased by 7.17% and Orocobre Limited (ASX: ORE) rose by 6.92%.
Here are some of today’s top stories:
- Why the Cochlear Ltd share price is falling on its profit result
- Strong profit growth drives Transurban Group shares higher
- Orocobre Limited shares race higher on broker upgrade
- MNF Group Ltd grows profit 25% but share price slides on investment plans
- Why Independence Group NL and its microcap partner surged today
- 6 companies I’d buy to beat the market meltdown
- Turning $10,000 into $8 million Was Just the Beginning For 1 Man
- Revealed: 10 of the cheapest stocks on the ASX today
- Shares to profit from the Chinese tourism boom
- Leading brokers name 3 ASX shares to buy today
- Is it time to sell your CBA shares?
Motley Fool contributor Tristan Harrison owns shares of Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and MNF Group Limited. The Motley Fool Australia has recommended Cochlear Ltd. and Transurban Group. 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 Bruce Jackson.