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ALL ORDINARIES finishes lower Monday: 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 Monday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.02% to 5,773.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.03% to 5,833.20
  • AUD/USD at US 72 cents
  • Gold at US$1,291.04 an ounce
  • Brent Oil at US$59.80 a barrel

The best-performing ASX 200 share today was TV business Seven West Media Ltd (ASX: SWM) which rose by 4.7%. Shares of media peer Nine Entertainment Co Holdings Ltd (ASX: NEC) also went up by 4.6%.

Horticultural business Costa Group Holdings Ltd (ASX: CGC) saw its share price rise another 4.5% today after last week’s horror show.

The overseas markets are pointing to a red start to the week, which could be why the Afterpay Touch Group Ltd (ASX: APT) share price went down by 3.6% today.

The Retail Food Group Limited (ASX: RFG) share price finished up 15.3% after confirming it is looking at selling some of its food brands to pay down debt.

Shares of another retail business, Reject Shop Ltd (ASX: TRS), will come under scrutiny tomorrow after saying it will meet its profit guidance.

The Wesfarmers Ltd (ASX: WES) share price ended the day down 2.2% because Kmart sales were lower than investors were hoping for in the December 2018 half-year.

Finally, the BlueScope Steel Limited (ASX: BSL) share price finished down by 5.2%, making it the worst performer in the ASX 200.

Here are some of today’s top stories:

Wesfarmers is struggling to deliver meaningful revenue growth at its department stores, it could be a good idea to avoid investing in it for now until we see the full December 2018 result.

Motley Fool contributor Tristan Harrison owns shares of COSTA GRP FPO. The Motley Fool Australia owns shares of and has recommended COSTA GRP FPO and Wesfarmers Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended The Reject Shop 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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