ASX 200 ends week on high: 11 shares you should have been watching

Although it was trading in the red late in the afternoon, the ASX 200 managed to regain its composure to end the session slightly higher. It was the fifth session in a row that the ASX 200 recorded a gain.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5562 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.1% to 5643 points
  • AUD/USD at US 75.22 cents
  • Iron Ore at US$60.70 a tonne, according to the Metal Bulletin
  • Gold at US$1,334.06 an ounce
  • Brent oil at US$43.14 a barrel

The iron ore miners failed to fire, despite a strong lift in the price of iron ore overnight. BHP Billiton Limited (ASX: BHP) fell 2.3%. Rio Tinto Limited (ASX: RIO) lost 2.1%. And Fortescue Metals Group Limited (ASX: FMG) dropped 4.1%.

The energy producers mostly dropped as well, although the gold miners enjoyed the day. Gold stock Northern Star Resources Ltd (ASX: NST) lifted 4.6%, whereas Woodside Petroleum Limited (ASX: WPL) shed 2.1%.

Westpac Banking Corp (ASX: WBC) was the best of the banks, rising 0.9%. Telstra Corporation Ltd (ASX: TLS) rose a modest 0.5%. And Wesfarmers Ltd (ASX: WES) gained 0.3%.

ResMed Inc. (CHESS) (ASX: RMD) and Bega Cheese Ltd (ASX: BGA) were two of the market’s best performers today. They rose 6.9% each.

Aconex Ltd (ASX: ACX), on the other hand, fell 4.5%.

Here are Friday’s top stories:

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The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Alphabet (A shares) and Alphabet (C shares). Motley Fool contributor Ryan Newman has no position in any stocks mentioned. 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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