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 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%.
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.
Here are some of today’s top stories:
- The behaviour gap: Why many investors don’t beat the share market
- The ASX ETF to buy to help you beat the experts
- Up 41% in 2018: Is it too late to buy ResMed Inc shares?
- CSL share price falls as it reveals blockbuster new product pipeline
These 3 stocks could be the next big movers in 2020
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.
*Returns as of 6/8/2020
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.
- ASX 200 finishes flat, A2 Milk shares drop 10% – September 28, 2020 4:24pm
- I think it’s time to jump on the A2 Milk (ASX:A2M) share price – September 28, 2020 3:38pm
- I’d buy MFF Capital (ASX:MFF) shares this week – September 28, 2020 11:27am