ALL ORDINARIES finishes lower Thursday: 8 shares you missed

Credit: Cimexus

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 0.08% to 6,050.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.07% to 6,164.70
  • AUD/USD at US 80.9 cents
  • Gold at US$1,334.15 an ounce
  • Brent Oil at US$71.02 a barrel

The ASX indices have weakened slightly today, but remain above the 6,000 level.

The biggest rise in the ASX200 today came from Western Areas Ltd (ASX: WSA), the nickel producer’s share price rose by 5.33%. Investors are probably getting excited by news that there might not be enough nickel for all the electric cars produced in the future.

The gold miners had a golden day today after the gold price rose. Resolute Mining Limited (ASX: RSG) went up by 4.62%, Saracen Mineral Holdings Limited (ASX: SAR) went up by 4.32% and St Barbara Ltd (ASX: SBM) rose by 3.78%.

At the opposite end of the scoreboard Syrah Resources Ltd (ASX: SYR) went down by 5.4%, with Macquarie Group Ltd (ASX: MQG) ceasing to be a substantial shareholder.

Kogan.Com Ltd (ASX: KGN) excited investors even further with news that it would be launching a life insurance product. The online business’ share price rose by 3.16% today.

Finally, private health insurer businesses Medibank Private Limited (ASX: MPL) and NIB Holdings Limited (ASX: NHF) reported their annual insurance premium rises, the share prices rose by 0.61% and 0.30% respectively.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended ltd and NIB Holdings 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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