ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Wednesday.

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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

Here's a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.78% to 5,668.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.83% to 5,749.10
  • AUD/USD at US 73 cents
  • Gold at US$1,239.05 an ounce
  • Brent Oil at US$61.04 a barrel

The best-performing ASX 200 share today was New Zealand based e-commerce business Trade Me Group Ltd (ASX: TME), it rose 3.5% after receiving an additional takeover offer.

It was a horrific day for shareholders of Lynas Corporation Ltd (ASX: LYC), its share price plunged 22.4% after being told it must remove the radioactive waste that has accumulated.

The share price of TV & media business Nine Entertainment Co Holdings Ltd (ASX: NEC) fell nearly 8% after responding to an article in The Australian about Macquarie Media Ltd (ASX: MRN), which rose by 12.6%.

A lot of the ASX's tech shares fell, following international markets. One of the worst declines belonged to the Altium Limited (ASX: ALU) share price which fell 5% today.

The TPG Telecom Ltd (ASX: TPM) share price rose 0.7% today after holding its AGM, confirming that it's tracking ahead of guidance and providing an update about the Vodafone merger.

Poultry business Inghams Group Ltd (ASX: ING) saw its share price cluck 2.1% higher after announcing it would build a $46 million hatchery in Victoria.

Finally, the Telstra Corporation Ltd (ASX: TLS) share price rose 0.3% after giving investors a 5G update presentation.

Here are some of today's top stories:

Motley Fool contributor Tristan Harrison owns shares of Altium. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool Australia owns shares of Altium. The Motley Fool Australia has recommended 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.

More on Share Market News

Three business people stand on platforms in the desert and look out through telescopes.
Best Shares

1 ASX dividend share set to excel long term, even while down 13%

Good quality shares don't often sell off at this margin.

Read more »

Two people comparing and analysing material.
Broker Notes

Buy, hold, sell: Netwealth, Santos, and South32 shares

Morgans has given its verdict on these shares following updates.

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Share Gainers

Why Life360, Northern Star, Objective Corp, and Rox shares are charging higher today

These shares are having a strong finish to the week. But why?

Read more »

A woman sits on sofa pondering a question.
Share Market News

Insignia Financial responds to ASX on disclosure and governance

Insignia Financial updates shareholders on ASX compliance and new governance controls around performance rights disclosure.

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Capstone Copper, Dateline, DroneShield, and Lindian shares are falling today

These shares are ending the week in the red. But why?

Read more »

Business man at desk looking out window with his arms behind his head at a view of the city and stock trends overlay.
Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

2 people using their iPhones
Share Market News

Life360 posts record Q4 as revenue and EBITDA top guidance

Life360 reported record Q4 user and subscriber growth, with full-year revenue and EBITDA set to exceed guidance.

Read more »

Three smiling corporate people examine a model of a new building complex.
Broker Notes

Broker says this ASX All Ords stock could rise 15%

Bell Potter thinks investors should be buying this growing company's shares.

Read more »