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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 1.01% to 5,902.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.93% to 6,005.40
  • AUD/USD at US 78 cents
  • Gold at US$1,325.73 an ounce
  • Brent Oil at US$65.19 a barrel

The market went down again today after one of President Donald Trump’s key economic advisors resigned.

The biggest gain in the ASX200 belonged to Retail Food Group Limited (ASX: RFG). The franchisor’s share price recovered 5.26% today after suffering huge declines over the past three months.

Gold miners were the big winners today the latest Trump Administration departure. Resolute Mining Limited (ASX: RSG) glittered as the biggest gainer, it went up by 3.4%. Regis Resources Limited (ASX: RRL) rose by 2% and Newcrest Mining Limited (ASX: NCM) climbed 1.8%.

Monadelphous Group Limited (ASX: MND) was the largest fall in the ASX200. It dropped 6.81% after going ex-dividend today.

Transurban Group (ASX: TCL) finished the day 0.35% after getting approval to recommence works on the Westgate Tunnel Project.

The Altium Limited (ASX: ALU) share price declined by 2.11% today as US worries affected it more than most other ASX shares.

Challenger Ltd (ASX: CGF) is usually affected by negative days on the global share market due to its huge balance sheet of assets. It went down by 2.67% today.

Finally, Estia Health Ltd (ASX: EHE) dropped today by 4.86% on news out of the company.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Altium and Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Retail Food Group Limited. The Motley Fool Australia owns shares of Altium. The Motley Fool Australia has recommended Transurban Group. 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 Scott Phillips.

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