MENU

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 0.53% to 5,818.10
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.52% to 5,904.80
  • AUD/USD at US 72 cents
  • Gold at US$1,233.90 an ounce
  • Brent Oil at US$72.43 a barrel

The best-performing ASX 200 share today was telco TPG Telecom Ltd (ASX: TPM), its share price rose by 3.3%.

The Greencross Limited (ASX: GXL) share price went up nearly 19% today after the company announced it was engaging with private equity firm TPG about a takeover at $5.55 per share.

Shares of Cochlear Limited (ASX: COH) fell 3.8% today after announcing a setback in the US due to a patent infringement case.

Heavy equipment rental business Emeco Holdings Limited’s (ASX: EHL) share price registered the biggest fall among ASX 200 shares today – it went down 7.8%.

It was another harrowing day for some of the ASX’s leading technology businesses with WiseTech Global Ltd (ASX: WTC) and Appen Ltd (ASX: APX) down 6.1% and 5.3% respectively.

At the positive end of the ASX, Pact Group Holdings Ltd (ASX: PGH) was the second biggest riser, it went up by 3.2 today.

Finally, big bank Westpac Banking Corp (ASX: WBC) released its FY18 result today showing flat earnings, the share price rose 0.6% in response.

Here are some of today’s top stories:

Motley Fool Australia Issues Rare "Double Down" Buy Alert

Scott Phillips has stumbled upon a little-owned stock he believes could be one of the greatest discoveries of his 25 years as a professional investor.

This is your chance to get in early on of what could prove to be a very special investment recommendation. Think about how many investing trends you've missed out on, even though you knew they were going to be big. Don't let that happen again. This is your chance to get in early.

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 and has recommended Greencross Limited. The Motley Fool Australia owns shares of Appen Ltd and WiseTech Global. The Motley Fool Australia has recommended Cochlear Ltd. and TPG Telecom 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.