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ALL ORDINARIES finishes higher Thursday: 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 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:

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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 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.

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