MENU

ALL ORDINARIES finishes higher Tuesday: 8 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.72% to 5,832.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.72% to 5,943.70
  • AUD/USD at US 77 cents
  • Gold at US$1,349.30 an ounce
  • Brent Oil at US$70.31 a barrel

The best result in the ASX200 today came from Western Areas Ltd (ASX: WSA), the resource company went up by 9.3% after it seems that the trade war between the US and China might be averted and also that nickel is expected to go higher over the next couple of years.

Other resource companies were also top performers including Independence Group NL (ASX: IGO) which went up by 5.42% and Orocobre Limited (ASX: ORE) grew by 4.72%.

Fortescue Metals Group Limited (ASX: FMG) dropped by 0.65% after revealing iron ore guidance that was slightly less than the market was hoping for.

The Newcrest Mining Limited (ASX: NCM) dropped by 1.74% today after it gave an update on its Cadia operation. Other gold miners also dropped today in response to the market gaining confidence, for example Northern Star Resources Ltd (ASX: NST) was down by 1.74%.

Finally, growth stocks like Altium Limited (ASX: ALU) and a2 Milk Company Ltd (ASX: A2M) were up 2.5% and 4.82% respectively today.

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 owns shares of Altium. The Motley Fool Australia owns shares of A2 Milk and Altium. 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.

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…

Including:

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!