Merry Christmas!
The Australian share market, including the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and All Ordinaries (INDEXASX: XAO)(ASX: XAO) closed firmly higher on Friday ahead of the Christmas weekend break.
Biggest Movers
- Oil Search Limited (ASX: OSH) – up 1.9%
- SEEK Limited (ASX: SEK) – up 1.4%
- Pushpay Holdings Ltd (NZE: PPY) (ASX: PPY)
- Retail Food Group Limited (ASX: RFG) – up 8% (Why? See today’s news here)
Biggest Losers
- Freedom Foods Group Ltd (ASX: FNP) – down 4.5%. Earlier this week, Freedom Foods announced the completion of its sale and leaseback of the Ingleburn facility.
- Aristocrat Leisure Limited (ASX: ALL) – down 1.2%
- Wesfarmers Ltd (ASX: WES) – down 1% (Why? See today’s news here)
Outside of the Australian sharemarket, Bitcoin, the popular digital cryptocurrency had a very volatile day (and week), according to Coindesk. This week alone, the price of Bitcoin has fallen from $US19,694 to $US14,753 at 4pm Friday. We covered Bitcoin’s latest move in detail here.
Today’s Top Investing News
Bitcoin Prices Fall $US 4000 This Week
The Bitcoin price, the world’s most popular digital currency for trading, has fallen $4,000 this week, according to data from Coindesk.
Wesfarmers Ltd sells Curragh Coal Mine for $700m
Wesfarmers Ltd (ASX: WES) shares haven’t budged despite the retail heavyweight offloading its Queensland coal mine, Curragh, to Coronado Coal Group for $700 million.
Retail Food Group Limited Shares Bounce Back 8%
The Retail Food Group Limited (ASX: RFG) share price has recovered some lost ground on Friday ahead of the Christmas break.
Tweet of the day
By default that should mean more than half are keen
— Mike King (@TMFKinga) December 21, 2017
