ALL ORDINARIES finishes lower Tuesday: 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 Tuesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.36% to 5,974.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.40% to 6,077.10
  • AUD/USD at US 79 cents
  • Gold at US$1,324.60 an ounce
  • Brent Oil at US$64.96 a barrel

The ASX indices have dropped today, partly due to news of Labor’s franking credit change.

Some of the biggest gains today have been generated by the lithium mining companies. Galaxy Resources Limited (ASX: GXY) grew by 3.56%, Orocobre Limited (ASX: ORE) went up by 0.85% and Pilbara Minerals Ltd (ASX: PLS) rose by 1.68%.

a2 Milk Company Ltd (ASX: A2M) went up by a further 2.67% as investors continue to be excited by the milk company.

The GWA Group Ltd (ASX: GWA) share price rose by 2.55% on no news today, nonetheless it was one of the ASX200 top performers.

Australian Agricultural Company Ltd (ASX: AAC) went by down by 4.15% as rumours swirl of a potential takeover.

Gold miner Resolute Mining Limited (ASX: RSG) declined by 3.67% today. The Newcrest Mining Limited (ASX: NCM) share price also went down by 1.94%.

Finally, Beach Energy Ltd (ASX: BPT) went down by 3.41% as the oil price declined.

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 owns shares of A2 Milk. 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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