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ALL ORDINARIES finishes lower Thursday: 9 shares you missed

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 0.18% to 5,910.80
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.11% to 6,003.00
  • AUD/USD at US 76 cents
  • Gold at US$1,326.90 an ounce
  • Brent Oil at US$74.30 a barrel

The big news of the day is that Healthscope Ltd (ASX: HSO) has received a takeover offer from AustralianSuper and private equity. The share price shot up almost 15%.

Wesfarmers Ltd (ASX: WES) released its quarterly sales figures today, with Bunnings reporting yet another solid quarter of growth, the share price is up 0.63%.

The weak Coles growth has provided impetus for its competitors. The Woolworths Group Ltd (ASX: WOW) share price finished 1.44% higher and Metcash Limited (ASX: MTS) shares went up 4.44%.

The pharmacy businesses have had good days today with Sigma Healthcare Ltd (ASX: SIG) up by 6.3% and Australian Pharmaceutical Industries Ltd (ASX: API) rose by 5.7%.

Westpac Banking Corp (ASX: WBC) was the worst performing bank today as it suffered from a downgrade by investment bank UBS.

The Boral Limited (ASX: BLD) share price dropped by a further 5.23% as investors worry poor trading conditions could continue.

Finally, Tegel Group Holdings Ltd (ASX: TGH) finished the day 37% higher after receiving a takeover offer.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of HEALTHSCPE DEF SET. The Motley Fool Australia owns shares of and has recommended Wesfarmers 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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