ALL ORDINARIES finishes lower Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.48% to 5,984.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.46% to 6,093.80
  • AUD/USD at US 75 cents
  • Gold at US$1,302.65 an ounce
  • Brent Oil at US$75.31 a barrel

The best-performing ASX200 share today was Bellamy’s Australia Ltd (ASX: BAL), the infant formula company went up by 5.6% today.

Retail Food Group Limited (ASX: RFG) shares increased by a further 4.7% today after announcing a new CEO yesterday.

The share price of REA Group Limited (ASX: REA) fell by nearly 4% today after one of the brokers gave it a downgrade.

The worst performer in the ASX200 today was Orocobre Limited (ASX: ORE), the lithium miner dropped by 5.7%.

E-retailer Kogan.Com Ltd (ASX: KGN) went up by 8% today, it recovered its lost value after eBay announced it would give free postage as part of a membership program.

The Gentrack Group Ltd (ASX: GTK) share price finished the day down 5.1% after reporting its half-year result today.

Telstra Corporation Ltd (ASX: TLS) dropped another 0.7% as concerns continue to mount about its future profitability and dividend.

Finally, Mitre 10 owner and IGA supplier Metcash Limited (ASX: MTS) dropped another 3.3% as reports came that it could lose more supplier contracts.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool Australia has recommended GENTRACK FPO NZ, ltd, and REA Group 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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