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ALL ORDINARIES finishes lower Friday: 8 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 0.11% to 6,087.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.10% to 6,190.90
  • AUD/USD at US 75 cents
  • Gold at US$1,289.10 an ounce
  • Brent Oil at US$79.52 a barrel

The best-performing share in the ASX200 was Challenger Ltd (ASX: CGF), the share price of the market-leading annuity company rose 7% today.

Another share to grow well today was Rural Funds Group (ASX: RFF), it went up nearly 6% today after announcing the acquisition of a cattle farm yesterday.

CSL Limited (ASX: CSL) was the big gainer among the ASX giants. The share price went up 4.1% after increasing its FY18 profit guidance.

The worst performer in the ASX200 was NIB Holdings Limited (ASX: NHF), it dropped 5.3% on worries that private health insurance continues to be unaffordable for workers with little wage growth.

a2 Milk Company Ltd (ASX: A2M) dropped 4.6% as bulls and bears ‘argue’ over what fair value for the company is, considering a2 is going to achieve a bit less compared to what the market was expecting.

The Sydney Airport Holdings Ltd (ASX: SYD) share price finished flat after delivering yet another month of passenger traffic growth.

Lithium stocks gave up some of their gains yesterday, with Galaxy Resources Limited (ASX: GXY) dropping by 3.9%.

Finally, Smart Parking Ltd (ASX: SPZ) finished the day up 17.3%, after losing around half its value yesterday.

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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited and RURALFUNDS STAPLED. The Motley Fool Australia owns shares of and has recommended Challenger Limited, RURALFUNDS STAPLED, and Sydney Airport Holdings Limited. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended NIB Holdings 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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