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ALL ORDINARIES finishes higher Thursday: 10 shares you missed

Credit: Cimexus

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.36% to 5,633.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.23% to 5,694.60
  • AUD/USD at US 69 cents
  • Gold at US$1,288.60 an ounce
  • Brent Oil at US$54.19 a barrel

The best-performing ASX 200 share today was lithium company Pilbara Minerals Ltd (ASX: PLS), its share price rose by 16% thanks to two pleasing announcements it made earlier today.

Healthcare business Healius Ltd (ASX: HLS) went up another 7.8% after announcing it is the target of a takeover effort.

Shares of Speedcast International Ltd (ASX: SDA) went up 7.3%, marking another day of volatility for the remote data business.

The worst performer of the ASX 200 was Super Retail Group Ltd (ASX: SUL), its share price fell 5.4%.

Outdoor retailing business Kathmandu Holdings Ltd (ASX: KMD) shares dropped 14.1% after downgrading its profit guidance for the first half result of FY19.

The Suncorp Group Ltd (ASX: SUN) share price is up 2.3%, it announced a natural hazard update to the market.

Shares of Service Stream Limited (ASX: SSM) fell 2.6%, today it announced the acquisition of a utility infrastructure services business.

The Cimic Group Ltd (ASX: CIM) share price is up 3.2% with it winning the $116 million Coffs Harbour Hospital expansion contract.

Funeral business InvoCare Limited (ASX: IVC) finished the day up 3.1% today despite hitting a 52-week low earlier in the day.

Finally, renewable energy business Infigen Energy Ltd (ASX: IFN) shares went up 6.8%.

Here are some of today’s top stories:

Pilbara may have announced another positive update today, but I’m not sold on the idea of buying a commodity-related business. I’d much rather go for shares that have control of the prices of their products and can generate growth year after year.

Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended InvoCare 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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