ALL ORDINARIES finishes lower Friday: 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 Friday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 1.96% to 5,820.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 1.89% to 5,929.00
  • AUD/USD at US 77 cents
  • Gold at US$1,334.20 an ounce
  • Brent Oil at US$69.54 a barrel

The best result in the ASX200 today came from the gold miners today as the stock market reacted to the tit-for-tat tariff threats from President Trump and China. Resolute Mining Limited (ASX: RSG) went up by 3.25%, Northern Star Resources Ltd (ASX: NST) increased by 1.04% and Newcrest Mining Limited (ASX: NCM) went up by 0.97%.

Investors sent the Alumina Limited (ASX: AWC) share price up by 0.81% today on no news.

The market sent Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) higher by 0.5% after it revealed another increase to its dividend yesterday.

At the other end of the market BlueScope Steel Limited (ASX: BSL) went down by 5.86% after it was revealed Australia may not get a steel exemption after all from the US, at least only a temporary one.

BHP Billiton Limited (ASX: BHP) fell by 3.13% on the worries about the tariff trade war.

Other resource stocks also suffered heavily today with South32 Ltd (ASX: S32) and Mineral Resources Limited (ASX: MIN) falling by 5.33% and 5.71% respectively.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended Washington H. Soul Pattinson and Company 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 Scott Phillips.

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