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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 0.51% to 6,023.50
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.51% to 6,133.10
  • AUD/USD at US 76 cents
  • Gold at US$1,301.70 an ounce
  • Brent Oil at US$75.36 a barrel

The best-performing ASX200 share today was APA Group (ASX: APA), the pipe infrastructure business went up 21% after receiving a $13 billion bid.

Another share to grow strongly today was Gateway Lifestyle Group (ASX: GTY), it went up by 15% after receiving a takeover offer.

Infant formula company Bellamy’s Australia Ltd (ASX: BAL) finished the day down 6.6% and A2 Milk Company Ltd (ASX: A2M) dropped by 3.3% on no company-specific news.

The Kogan.Com Ltd (ASX: KGN) share price fell by nearly 7% after the CEO finally offloaded some of his shares.

Hub24 Ltd (ASX: HUB) shares went up 1.3% today after it won another important contract.

Annuity business Challenger Ltd (ASX: CGF) finished the day down 1.3% after giving investors a presentation and announcing it would be launching active fixed income ETFs.

Finally, WiseTech Global Ltd (ASX: WTC) gave up some of its gains after announcing its Canadian acquisition last week, it went down 4.8% today.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited. The Motley Fool Australia owns shares of A2 Milk and WiseTech Global. The Motley Fool Australia has recommended Kogan.com ltd. 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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