ALL ORDINARIES finishes lower Wednesday: 9 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.25% to 5,841.20
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.29% to 5,940.00
  • AUD/USD at US 78.8 cents
  • Gold at US$1,335.05 an ounce
  • Brent Oil at US$62.84 a barrel

The ASX indices have given up yesterday’s gains. A lot of companies have reported today, here’s how the market reacted to some of them.

The biggest reaction today was that Domino’s Pizza Enterprises Ltd’s (ASX: DMP) share price fell by 6.06% in response to its disappointing profit report.

CSL Limited (ASX: CSL) delivered yet another impressive report today, the share price gained 5.08% in response to the 35% profit growth.

Another positive reaction was to Insurance Australia Group’s (ASX: IAG) result, the share price rose by 3.16% in response to cash net profit after tax growing by 31.5%.

The Aveo Group (ASX: AOG) share price rose by 3.49% after reporting statutory net profit growth of 23%.

Computershare Limited (ASX: CPU) also reported today, statutory net profit after tax rose by 14%. Management upgraded guidance for the rest of the year, which sent the share price up 4.85%.

The Orora Ltd (ASX: ORA) share price rose by 3.13% today after it reported earnings per share was 14.7% higher than the prior corresponding period.

Myer Holdings Ltd’s (ASX: MYR) share price increased by 1.87% today after its CEO stepped down.

Fletcher Building Limited (ASX: FBU) returned to trading today and promptly plummeted 7.13% after reporting more losses than initially flagged.

Finally, Challenger Ltd (ASX: CGF) fell by 4.06% today after several brokers downgraded their price targets for the annuity provider.

Here are some of today’s top stories:

Don’t Buy A SINGLE Stock Until You Read This

While conflict overseas is all media talking-heads seem to mention these days, the billionaire founder of Tesla is losing sleep over what he sees as a far bigger threat.

Elon Musk Warns: This has “vastly more risk than North Korea”

If you missed your opportunity to get in on Google, Microsoft, or Amazon in their early days, don't let it happen again. This emerging technology trend could offer a second chance for anyone who wishes they took part in these millionaire-maker stocks.

Click here to discover more!

Motley Fool contributor Tristan Harrison owns shares of Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited. The Motley Fool Australia owns shares of Insurance Australia Group Limited. The Motley Fool Australia has recommended Computershare. 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.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!