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ALL ORDINARIES finishes lower Thursday: 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 Thursday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.52% to 5,759.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.75% to 5,868.90
  • AUD/USD at US 77 cents
  • Gold at US$1,325.57 an ounce
  • Brent Oil at US$69.88 a barrel

One of the best results in the ASX200 today came from APN Outdoor Group Ltd (ASX: APO), it rose by 3.11% today. Super fund HESTA recently became a major shareholder of the advertising company.

The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price finished the day up 1.79% after it was revealed that Nine won the Australian tennis TV rights away from Seven West Media Ltd (ASX: SWM), Seven’s share price declined by 2.7%.

It was another bad day for infant formula related stocks after news came of Nestle launching its own A2 protein brand. The Bellamy’s Australia Ltd (ASX: BAL) share price was down 8.15% and a2 Milk Company Ltd (ASX: A2M) fell by a further 4.98%.

Some tech shares had terrible days with WiseTech Global Ltd (ASX: WTC) dropping by 6.82% and Altium Limited (ASX: ALU) falling by 6.18%.

The worst performer in the ASX200 was Retail Food Group Limited (ASX: RFG) as it dropped by a further 9.27%.

Finally, lithium stocks had another bad day as Orocobre Limited (ASX: ORE) plunged by 6.13%.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Altium. The Motley Fool Australia owns shares of A2 Milk, Altium, and WiseTech Global. 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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