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ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

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) lower 0.03% to 6,195.90
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.03% to 6,290.50
  • AUD/USD at US 74 cents
  • Gold at US$1,259.45 an ounce
  • Brent Oil at US$76.89 a barrel

The best-performing ASX 200 share today was, for the third day in a row, Australian Pharmaceutical Industries Ltd (ASX: API). It has gone on a strong run since announce an acquisition and it went up 4.5% today.

Another of today’s top performers was Beach Energy Ltd (ASX: BPT) which gained 3.7% on the back of a rise in the oil price.

One of the biggest gains overall came from Cann Group Ltd (ASX: CAN), the cannabis company went up 7.5% after securing a large site at Melbourne Airport.

At the other end of the share performance table, oOh!Media Ltd (ASX: OML) fell 10% to $4.82 after raising capital at $4.60 for its acquisition.

Another share to fall heavily today was Metcash Limited (ASX: MTS), it dropped by 5.7%.

Traditional TV businesses were some of today’s top performers with Nine Entertainment Co Holdings Ltd (ASX: NEC) up by 3.3% and Seven West Media Ltd (ASX: SWM) up by 3.1%.

McMillan Shakespeare Limited (ASX: MMS) shares fell by 1.6% today after giving a market update yesterday after the market had closed.

Here are some of today’s top stories:

5 stocks under $5

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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