The Australian share market, including the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and All Ordinaries (INDEXASX: XAO)(ASX: XAO) closed higher on Wednesday.
Biggest Movers
- BlueScope Steel Limited (ASX: BSL) – up 2.6%
- Qantas Airways Limited (ASX: QAN) – up 1.5%
- Mighty River Power Ltd. (ASX: MCY) – up 6.3%
- Orocobre Limited (ASX: ORE) – up 4.8% (Why? Read more here)
- Domino’s Pizza Enterprises Ltd. (ASX: DMP) – up 3.9%
Biggest Losers
- Retail Food Group Limited (ASX: RFG) – down 18% (Why? Read more here)
- A2 Milk Company Ltd (Australia) (ASX: A2M) – down 2%
- Mayne Pharma Group Ltd (ASX: MYX) – down 2.8%
- Telstra Corporation Ltd (ASX: TLS) – down 1.1%
Amongst the major banks, shares of Commonwealth Bank of Australia (ASX: CBA) rose 0.34% while National Australia Bank Ltd. (ASX: NAB) closed 0.4% lower.
Outside the share market, Bitcoin, the popular digital trading instrument, lost 15% of its value in less than three days, according to Coindesk. The fall in price follows a call by bitcoin.com Co-Founder Emil Oldenburg who told Breakit, “The old bitcoin network is as good as unusable.” Read more here.
Today’s top stories:
- Orocobre Limited Shares Jump 5%
- Ardent Leisure Group Shares Pop 7% on AMF Bowling Deal
- Retail Food Group Limited Shares Slump 13%
Tweet of the day
All in. pic.twitter.com/PSboKAC9yv
— Michael Batnick (@michaelbatnick) December 20, 2017
