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ALL ORDINARIES finishes lower Monday: 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 Monday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.38% to 6,100.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.31% to 6,218.60
  • AUD/USD at US 71 cents
  • Gold at US$1,204.65 an ounce
  • Brent Oil at US$83.44 a barrel

The best-performing ASX 200 share today was accounting & bookkeeping software business Myob Group Ltd (ASX: MYO), its share price rose 19% on a takeover offer from KKR.

Shares of Australia and New Zealand Banking Group (ASX: ANZ) fell 2.6% after the big bank informed investors of a number of costs that will be accounted for in the upcoming full-year result.

The falling oil price is affecting the Beach Energy Ltd (ASX: BPT) shares, it fell nearly 6% today.

Shares of MNF Group Ltd (ASX: MNF) rose by 4.2% after it made an acquisition offer for all of Inabox Group Ltd’s (ASX: IAB) operating businesses. The Inabox share price rose 41% today.

The share price of data centre business Nextdc Ltd (ASX: NXT) declined 1.8% today after it made a takeover offer for Asia Pacific Data Centre Group (ASX: AJD), which went up 7.5% in response.

Finally, funeral business InvoCare Limited (ASX: IVC) shares fell 4.3% today after reporting it is facing weak trading conditions.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of and has recommended MNF Group Limited. The Motley Fool Australia has recommended InvoCare 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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