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ALL ORDINARIES finishes lower Tuesday: 6 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.06% to 6,061.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.02% to 6,166.00
  • AUD/USD at US 78.4 cents
  • Gold at US$1,305.60 an ounce
  • Oil at US$60.59 a barrel

One of the biggest movers of the day was Pilbara Minerals Ltd (ASX: PLS), which rose by 5.83% today. The share price of the lithium miner continues to grow as the excitement about lithium, batteries and electric vehicles grows.

The Syrah Resources Ltd (ASX: SYR) share price ended the day up 4.43% to $4.71. Syrah is currently the most shorted stock on the ASX, as my colleague James Mickleboro noted in this article.

The gold miners had a good day today with Saracen Mineral Holdings Limited (ASX: SAR) and Resolute Mining Limited (ASX: RSG) up 2.66% and 2.63% respectively.

The Myer Holdings Ltd (ASX: MYR) share price was one of the biggest losers today after it fell 2.27%, giving up around half of the 4.76% gain it had made last Friday.

Finally, the largest fall in the ASX200 belonged to the shares of IPH Ltd (ASX: IPH), which went down by 2.73%. The fall could be due to profit taking with the share price up by 15% since the start of October and no news today.

Here are some of today’s top stories:

Top 3 ASX Blue Chips To Buy In 2018

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended IPH Ltd. 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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