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ALL ORDINARIES finishes lower Tuesday: 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 Tuesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.54% to 5,858.80
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.49% to 5,924.30
  • AUD/USD at US 71 cents
  • Gold at US$1,278.99 an ounce
  • Brent Oil at US$62.03 a barrel

The best-performing ASX 200 share today was resources business Syrah Resources Ltd (ASX: SYR), its share price rose 5.7%.

Shares of retail business Super Retail Group Ltd (ASX: SUL) went up 2.75% after announcing who the new CEO will be.

The BHP Group Ltd (ASX: BHP) share price fell 1.3% today after it gave the market its December 2018 production update.

Resource business Oil Search Limited (ASX: OSH) also fell 2.8% after giving investors its fourth quarter report.

The share price of Collection House Limited (ASX: CLH) rose 1.9% due to announcing it had made a strategic $8.5 million investment in Volt.

Shares of TPG Telecom Ltd (ASX: TPM) ended the day down 0.6% with the ACCC supposedly delaying the date on which it will hand down its final verdict of the TPG-Vodafone Australia merger.

The worst performer in the ASX 200 today was car dealership business Automotive Holdings Group Ltd (ASX: AHG), its share price fell 4.2%.

Finally, the Commonwealth Bank of Australia (ASX: CBA) share price dropped 1.2%, perhaps because the final report from the Royal Commission is due next week, but also perhaps because Volt Bank received APRA clearance to start receiving deposits from the public. Morgan Stanley thinks the CBA dividend is at risk of being cut.

Here are some of today’s top stories:

Today is yet another example of why a CBA investment may not be all it’s cracked up to be. Competition is rising and the risks are higher. I think these leading ASX shares could be better picks for a reliable portfolio.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended Automotive Holdings Group Limited and TPG Telecom 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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