The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) indices ended higher on Monday despite BHP Billiton Ltd (ASX: BHP) shares ending lower, according to Yahoo! Finance.
All Ordinaries: up 0.5% at 6,071.6 points
ASX 200: up 0.5% at 5,982.7 points
ASX Movers
- Boral Ltd (ASX: BLD) – up 4.4%
- Stockland Corporation (ASX: SGP) – up 3.2%
- Galaxy Resources Limited (ASX: GXY) – up 6.2%
ASX Losers
Australian Investing News
Making news in Australia and on the ASX 200, financial advisory business AMP Limited (ASX: AMP) was again in the spotlight following the resignation of Chairperson Catherine Brenner.
Ms Brenner’s resignation follows that of former AMP CEO, Craig Meller, who stood down earlier this month. AMP found itself in the crosshairs of the Royal Commission into the banking and finance sector following allegations of ‘fee for no service’.
Shares in the mining business Syrah Resources ended higher Monday after it announced it would target production at the lower end of its 2018 guidance.
Finally, shares in the major banks rebounded strongly, with Westpac Banking Corp (ASX: WBC) up 1.2% today. Meanwhile, mining giant BHP Billiton Ltd (ASX: BHP) shares ended 0.5% lower.
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