The Motley Fool

ALL ORDINARIES finishes lower Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.57% to 5,557.80
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.47% to 5,625.60
  • AUD/USD at US 70 cents
  • Gold at US$1,285.70 an ounce
  • Brent Oil at US$53.10 a barrel

The best-performing ASX 200 share today was healthcare business Healius Ltd (ASX: HLS), it rose by 9.4%.

China-related ASX shares had a pretty strong day with the Bellamy’s Australia Ltd (ASX: BAL) share price rising by 3.8% and the Blackmores Limited (ASX: BKL) share price up by 2.7%.

The big banks had a bad day with the latest CoreLogic results showing more property price declines in Melbourne and Sydney, the Commonwealth Bank of Australia (ASX: CBA) share price fell nearly 2% and Westpac Banking Corp (ASX: WBC) shares dropped 2.2%.

Speedcast International Ltd (ASX: SDA) continued its decline today with a drop of 5.5% of its share price.

The medicinal cannabis sector smoked the ASX index today with Creso Pharma Ltd (ASX: CPH) shares going up by 10.2% thanks to Israel’s Parliament approving medicinal cannabis for exporting.

The share price of natural beauty business BWX Ltd (ASX: BWX) rose by 4.4%, perhaps due to the news that many US court documents will be kept secret in its US legal case.

Here are some of today’s top stories:

BWX may have recovered some of its lost ground today, but it still has a way to recover to its pre-takeover share price. There may be more reliable investment opportunities out there right now.

Motley Fool contributor Tristan Harrison owns shares of BWX Limited. The Motley Fool Australia owns shares of and has recommended Blackmores Limited and BWX 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.

5 ASX Stocks for Building Wealth After 50

I just read that Warren Buffett, the world’s best investor, made over 99% of his massive fortune after his 50th birthday.

It just goes to show you… it’s never too late to start securing your financial future.

And Motley Fool Chief Investment Advisor Scott Phillips just released a brand-new report that reveals five of our favourite ASX stocks for building wealth after 50.

– Each company boasts strong growth prospects over the next 3 to 5 years…

– Most importantly each pays a generous dividend, fully franked.

Simply click here to find out how you can claim your FREE copy of “5 ASX Stocks for Building Wealth After 50.”

See the stocks now