MENU

ALL ORDINARIES finishes higher Thursday: 8 shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.49% to 6,176.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.46% to 6,293.90
  • AUD/USD at US 71 cents
  • Gold at US$1,200.15 an ounce
  • Brent Oil at US$86.33 a barrel

The best-performing ASX 200 share today was Alumina Limited (ASX: AWC), its share price went up 10.8% after the world’s alumina largest refinery, Alunorte, ceased production potentially forever.

South32 Ltd (ASX: S32) was another to benefit from the closure news, its share price rose by 7.3%.

The Magellan Financial Group Ltd (ASX: MFG) share price rose 7.8% after Hamish Douglass said he’d be focusing more on the investment side of things for Magellan as its new Chairman.

At the opposite end of the ASX 200 was Pact Group Holdings Ltd (ASX: PGH), its share price fell 8%.

The Bank of Queensland Limited (ASX: BOQ) share price climbed 2.2% today after reporting its FY18 figures to the market.

We’ll see be seeing a lot more Taco Bells around Australia with Collins Foods Ltd (ASX: CKF) announcing it would open 50 around Australia – its share price went up 5.5% today in response.

Shares of Syrah Resources Ltd (ASX: SYR) went down 7.3% after downgrading its guidance again.

Finally, dairy business a2 Milk Company Ltd (ASX: A2M) shares dropped 4.3% today, making it one of the worst performers in the ASX 200.

Here are some of today’s top stories:

Top Australian Stock Picker Just Issued Rare “Double Down” Buy Alert

Discover why this legendary Australian stock-picker just issued a “Double Down” buy alert to his exclusive group of insiders… and why he’s convinced this might be the single most attractive entry point for years to come.

Simply click here to get started and access our secure sign-up page.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Collins Foods 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.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!