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S&P/ASX 200 finishes higher Friday: 9 shares you missed

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended higher on Friday with gains from Fortescue Metals Group Limited (ASX: FMG) and losses from Coca-Cola Amatil Ltd (ASX: CCL).

Here’s a quick recap of global markets:

  • FTSE 100 (UK): up 0.1%
  • DAX (Germany): up 0.1%
  • CAC 40 (France): up 1.5%
  • Dow Jones (USA): up 0.8%
  • NASDAQ (USA): up 0.8%

Here are today’s key stats:

  • ASX 200: up 0.6%
  • All Ordinaries (ASX: XAO) (Index: ^AXAO): up 0.5%
  • Australian dollar (A$) (AUDUSD): 75.35 cents
  • Gold price: up 0.2%
  • Copper: up 0.2%
  • WTI Crude Oil: down 0.5%
  • Iron ore: up 2.2% to $US65.36 a tonne, according to The Metal Bulletin

Among the ASX’s best-performing shares was DUET Group (ASX: DUE). Today, the energy and utility company announced that the Foreign Investment Review Board approved its takeover by CKI.

The Fortescue Metals Group share price also rallied strongly, finishing more than 5% higher. The catalyst behind the rise appears to be a modest increase in iron ore prices overnight, which came after weeks of heavy falls.

Also, Mesoblast Limited (ASX: MSB), Iluka Resources Limited (ASX: ILU) and Mineral Resources Limited (ASX: MIN) were amongst the best performing mid-cap companies.

At the other end of town, Coca-Cola Amatil shares were heavily discounted by investors following another profit downgrade.

TPG Telecom Ltd (ASX: TPM), Vocus Group Ltd (ASX: VOC) and NIB Holdings Limited (ASX: NHF) shares also continued their recent falls.

Here are today’s top stories:

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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 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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