The Motley Fool

ALL ORDINARIES finishes lower Friday: 8 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.05% to 5,602.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.99% to 5,678.80
  • AUD/USD at US 72 cents
  • Gold at US$1,246.00 an ounce
  • Brent Oil at US$61.08 a barrel

The best-performing ASX 200 share today was Sigma Healthcare Ltd (ASX: SIG), it went up by a whopping 43.2% today after receiving a takeover offer from Australian Pharmaceutical Industries Ltd (ASX: API), which went up by 8.5% as well.

Shares of Nine Entertainment Co Holdings Ltd (ASX: NEC) fell 8.9% despite the news it will soon be included in the ASX 100. The share price of Domain Holdings Australia Ltd (ASX: DHG) also fell by 8.7%.

It was a pretty rough day for the ASX tech sector, indeed the last few months have been very volatile. The worst of the falls belonged to Afterpay Touch Group Ltd (ASX: APT) which dropped by 5.8%.

Banks face yet another headwind with the Reserve Bank of New Zealand releasing a consultation paper suggesting that banks will have to hold more capital. The Australia and New Zealand Banking Group (ASX: ANZ) share price dropped 2.7% in response.

Renewable energy generation business Infigen Energy Ltd (ASX: IFN) saw its share price rise by 11.8% today.

Finally, the Cimic Group Ltd (ASX: CIM) share price rose 1.1% after announcing another buyback.

Here are some of today’s top stories:

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading over 40% off its high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO. 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.