Motley Fool Australia

ALL ORDINARIES finishes lower Thursday: 8 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.02% to 6,014.60
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.06% to 6,130.40
  • AUD/USD at US 79.6 cents
  • Gold at US$1,341.70 an ounce
  • Brent Oil at US$69.40 a barrel

The ASX indices have inched further down today.

The biggest rise in the ASX200 today came from Speedcast international Limited (ASX: SDA), which rose by 3.11% on no news today, although the business did appoint a new chief information officer yesterday.

The second biggest rise came from Nanosonics Ltd. (ASX: NAN) which rose by 2.33% on no news.

Further down the market capitalisation list, Livetiles Ltd (ASX: LVT) finished the day 33.33% higher after an impressive quarterly update.

The market wasn’t impressed with the update delivered Livehire Ltd (ASX: LVH), the share price plummeted by 9.75% today.

Lithium miners Galaxy Resources Limited (ASX: GXY) and Pilbara Minerals Ltd (ASX: PLS) had a terrible day today, falling by 6.63% and 5.63% respectively after a broker said the sector is its top ‘short’ idea.

The Whitehaven Coal Ltd (ASX: WHC) share price fell by 6.18% today after the market was left unimpressed by its quarterly update.

Finally, blockchain company Digitalx Ltd (ASX: DCC) finished up 6.45% in the green today, as investors warmed to the technology stock again.

Here are some of today’s top stories:

Why this top broker says lithium is “our top short idea”

Man who said buy Kogan shares at $3.63 says buy these 3 ASX stocks now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.

*Returns as of 6/8/2020

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. The Motley Fool Australia has recommended LIVETILES FPO. 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.

Related Articles...

Latest posts by Tristan Harrison (see all)