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S&P/ASX 200 flatlines:  6 stocks you should have been watching

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has closed up just 0.7 points.

Here’s a quick summary:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) flat at 5,485.10 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) flat at 5,549 points
  • AUD/USD at US 73.75 cents
  • Iron Ore up 1.3% to US$75.87 a tonne, according to Metal Bulletin
  • Gold down 1.8% to US$1,190.85 an ounce
  • Brent oil flat at US$49.10 a barrel

Boral Limited (ASX: BLD) has seen its share price sink 18.9% to $4.99, after coming out of a trading halt and a huge capital raising.

Rio Tinto Limited (ASX: RIO) saw its share price go virtually nowhere, rising 0.3% to $60.30 despite announcing the $410 million sale of its Lochaber aluminium assets in Scotland, and a productivity push to free up US$5 billion in cash flow over the next five years.

Gold stocks were hammered, and represented 8 out of the top 10 falling stocks on the S&P/ASX 200. Saracen Mineral Holdings Limited (ASX: SAR) and Beadell Resources Limited (ASX: BDR) were among the biggest fallers, losing 8.2% and 8% respectively.

Amcor Limited (ASX: AMC) was one of the winners, adding 3.8% to close at $14.91, while Sigma Pharmaceutical Limited (ASX: SIP) gained 5.7% to $1.295.

Here are today’s top stories:

  1. Why the Nick Scali Limited share price is soaring today
  2. Gold plunges below US$1,200 an ounce and it could get worse
  3. Why the Boral Limited share price crashed today
  4. Deloitte names Australia’s 50 fastest-growing tech companies
  5. Is it time to buy the big four banks?
  6. Seek Limited’s education business wrecked by government
  7. Lovisa Holdings Ltd surges 75% in 6 months: Is it still a buy?
  8. Is fast-growing tech company Empired Ltd a buy?

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Motley Fool writer/analyst Mike King owns shares in Seek Limited. You can follow Mike on Twitter @TMFKinga

The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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