Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.35% to 5,835.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.37% to 5,893.70
- AUD/USD at US 72 cents
- Gold at US$1,291.20 an ounce
- Brent Oil at US$60.70 a barrel
The best-performing ASX 200 share today was Ausdrill Limited (ASX: ASL) which rose by 8.5%, reversing yesterday’s decline.
Funeral business InvoCare Limited (ASX: IVC) saw its share price rise 4.9% today, sentiment appears to be rising from the dead about the funeral business.
Technology business Appen Ltd (ASX: APX) was the leader among Australia’s technology shares, it rose by 4.4%.
The Woodside Petroleum Limited (ASX: WPL) share price ended the day 0.2% higher after announcing progress at the Scarborough Project with some contracts.
Data#3 Limited (ASX: DTL) shares ended the day nearly 14% after the company released earnings guidance of first half pre-tax profit in the range of $8.5 million to $9 million.
The ASX200 share most in the red today was Iluka Resources Limited (ASX: ILU), its share price fell 4.8%.
Finally, the Orocobre Limited (ASX: ORE) share price fell 3%, it has been a tough last 12 months for the lithium miner.
Here are some of today’s top stories:
- Leading economist reveals 4 reasons why Australia WON’T have a recession
- Top broker warns of gloomy 2019 for ASX retail shares
- Hub24, Praemium, Netwealth: Are these the best fintech shares to buy today?
The future may seem bright for lithium businesses with the growth of electric vehicles, but trends don’t always turn into returns for shareholders. That’s why I’m attracted to these leading ASX businesses that keep growing their profits and dividends.
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Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of Appen Ltd. The Motley Fool Australia has recommended Data#3 Ltd. and 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.