8 shares you should have been watching on Friday

The Bellamy's (ASX:BAL) share price lost some of its steam today

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Local shares edged higher again today, despite there being a number of big losers for the session.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5715 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5754 points
  • AUD/USD at US 75.49 cents
  • Iron Ore at US$60.80 a tonne, according to the Metal Bulletin
  • Gold at US$1,252.10 an ounce
  • Brent oil at US$45.34 a barrel

The Bellamy's Australia Ltd (ASX: BAL) lost some of its steam today. The BAL share price declined 5%, although it remains 35.8% higher since the beginning of the month.

The Ardent Leisure Group (ASX: AAD) share price plunged 6.6% today after the company updated its full-year earnings guidance. It now expects its core earnings (EBITDA) to be between $73 million and $75 million for the year.

TPG Telecom Ltd (ASX: TPM) was a standout performer today, rising 4.8%, compared to telecommunications behemoth Telstra Corporation Ltd (ASX: TLS) whose shares rose 0.7%.

The miners produced mixed results today. The BHP Billiton Limited (ASX: BHP) share price rose 1.2%, aided by a rebounding oil price. Its smaller rival, Fortescue Metals Group Limited (ASX: FMG), declined 0.6%.

Orocobre Limited (ASX: ORE) was among the market's other poor performers, slipping 4.5%. Mayne Pharma Group Ltd (ASX: MYX), on the other hand, rose 6.6%.

Here are Friday's top stories:

  1. Top broker tips upside surprise for Metcash Limited investors
  2. The only investing secret you need to know
Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of Telstra Limited and TPG Telecom 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.

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