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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 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:

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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 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.

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