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ALL ORDINARIES finishes lower Monday: 9 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 Monday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.35% to 6,278.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.36% to 6,368.80
  • AUD/USD at US 74 cents
  • Gold at US$1,221.85 an ounce
  • Brent Oil at US$74.46 a barrel

The best-performing ASX 200 share today was AMP Limited (ASX: AMP), the financial company’s share price is recovering after it announced changes to its business last week.

Another share on the up today was Telstra Corporation Ltd (ASX: TLS), it rose 1.8% after announcing leadership changes and a restructure.

The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price increased by 2.7% after last week’s fall due to the merger proposition with Fairfax Media Limited (ASX: FXJ). Fairfax shares rose by 0.6% today.

Shares of cloud accounting business Xero Limited (ASX: XRO) fell by 2% even though a fund manager said it has the potential to be a global tech giant.

It was a sea of red for resource businesses today. Sandfire Resources NL (ASX: SFR) recorded the largest fall in the ASX 200 of 9%. Joining it in the red, Independence Group NL (ASX: IGO) fell by 6.7%, Orocobre Limited (ASX: ORE) dropped by 6.3% and Syrah Resources Ltd (ASX: SYR) declined by 6%.

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 owns shares of Xero. 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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