ALL ORDINARIES finishes higher Friday: 10 shares you missed

Credit: Cimexus

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.51% to 6,121.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.50% to 6,229.80
  • AUD/USD at US 80 cents
  • Gold at US$1,344.25 an ounce
  • Brent Oil at US$69.85 a barrel

The ASX indices have risen further today, with the ASX200 passing 6,100 and the All Ordinaries passing 6,200.

The biggest rise in the ASX200 today came from Nextdc Ltd (ASX: NXT) which rose by 9.93% on news of a potential takeover offer.

The next biggest gain in the ASX200 came from James Hardie Industries plc (ASX: JHX), the share price rose by 6.77% on a positive quarterly update.

Resource-related companies Monadelphous Group Limited (ASX: MND) and Santos Ltd (ASX: STO) both had good days, rising by 4.98% and 4.27% respectively.

To round off the top performers, the Corporate Travel Management Ltd (ASX: CTD) share price travelled 4.47% higher.

The Telstra Corporation Ltd (ASX: TLS) share price finished the day 0.82% up after writing off a subsidiary, incurring a $273 million impairment.

Lithium miner shares are having a terrible time in 2018 so far. Galaxy Resources Limited (ASX: GXY) and Pilbara Minerals Ltd (ASX: PLS) fell by 5.6% and 3.17% respectively.

Syrah Resources Ltd (ASX: SYR) joined its resource peers in the red, dropping by 4.34%.

Finally, Medibank Private Limited (ASX: MPL) fell 3.27% today after Bill Shorten criticised the insurer earlier.

Here are some of today’s top stories:

The Richest Man Alive Invests in This

The richest man in the world has just launched a $100 million investment fund and investors who don't take note could miss out on a massive opportunity.

And it isn't by sheer luck. He did it by looking to the future and investing in the big ideas of tomorrow.

This could be your chance to get in on the ground floor!

Click here to discover more!

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Telstra 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.