MENU

ALL ORDINARIES finishes higher Monday: 7 shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.

Here’s a quick recap of the Aussie market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.5%
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.5%
  • AUD/USD at US 76.11 cents
  • Gold at US$1,256 an ounce, up 0.15%
  • Oil at US$44.97 a barrel, up 0.65%

Amongst the companies powering the market higher was AGL Energy Ltd (ASX: AGL) and National Australia Bank Ltd. (ASX: NAB). Despite neither company releasing an announcement to the market, their shares closed 2% and 1.5% higher, respectively.

Further down the market, shares of embattled infant formula business Bellamy’s Australia Ltd (ASX: BAL) popped 13% today following a capital raising which generated $60 million. The company will use the money to negotiate with a supplier and buy a manufacturing facility. Fellow milk company, a2 Milk Company Ltd (Australia) (ASX: A2M) rose 6.5%.

At the other end of the market’s performance table was Woolworths Limited (ASX: WOW), which fell 3.5%.

Retailer companies Super Retail Group Limited (ASX: SUL) and Harvey Norman Holdings Limited (ASX: HVN) joined their larger peer in being sold down.

Here are today’s top stories:

HOT OFF THE PRESSES: The Motley Fool's #1 Dividend Pick for 2017

With its shares up 97% in just the last five years, this 'under the radar' consumer favourite is both a hot growth stock AND our expert's #1 dividend pick for 2017. Now we're pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is click the link below!

Simply click here to receive your copy of our brand-new FREE report, "The Motley Fool's Top Dividend Stock for 2017."

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen encourages your feedback. You can follow him on Twitter @OwenRask.

The Motley Fool Australia owns shares of A2 Milk, National Australia Bank Limited, and Super Retail Group Limited. 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.