ALL ORDINARIES finishes lower Monday: 8 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Monday.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

a woman

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.

More on ASX Share Market News

A man surrounded by huge piles of paper looks through a magnifying glass at his computer screen.
Opinions

CSL shares are back near $180. Here's the level I'm watching

CSL shares are nearing a key technical level after a strong rebound.

Read more »

A girl is looking very confused, with one eyebrow raised saying what?
Capital Raising

Why is this ASX lithium stock crashing 10% on Monday?

A big update has put this lithium stock in focus.

Read more »

Sell written several times on board.
Broker Notes

Sell alert! Why this expert is calling time on Tabcorp and NAB shares

A leading expert believes Tabcorp and NAB shares are likely to underperform into 2027.

Read more »

Woman and man worker in quarry on excavation machine looking at a clipboard.
Broker Notes

Buy, hold, sell: Orica, GQG Partners, BHP shares

Let's start the week with some new ratings from the experts

Read more »

Woman using her laptop with her feet up.
Broker Notes

This ASX 200 stock just received a fresh buy rating and is tipped to climb 15%

This stock is set to keep rising.

Read more »

Smiling man paying for his order from his phone on an EFTPOS machine at a restaurant.
Broker Notes

Ord Minnett tips this ASX financials stock to double within the next 12 months 

This stock offers a big yield and big upside.

Read more »

A group of market analysts sit and stand around their computers in an open-plan office environment.
Broker Notes

Buy, hold, sell: Coles, NAB, CSL shares

Here's what Dylan Evans from Catapult Wealth thinks of these three ASX 200 shares.

Read more »

Business people discussing project on digital tablet.
Broker Notes

2 ASX 200 shares to buy and 1 to sell now

Which shares is this expert bullish and bearish on?

Read more »