ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

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

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

Here's a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.26% to 5,843.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.26% to 5,908.70
  • AUD/USD at US 71 cents
  • Gold at US$1,285.10 an ounce
  • Brent Oil at US$61.71 a barrel

The best-performing ASX 200 share today was Saracen Mineral Holdings Limited (ASX: SAR) which rose by 4.9%.

At the other end of the share market was Challenger Ltd (ASX: CGF) which dropped 17.1% after downgrading profit expectations for FY19.

The IOOF Holdings Ltd (ASX: IFL) share price dropped another 8.2%, making it one of the worst performers in the ASX 200 today.

Gold miner Northern Star Resources Ltd (ASX: NST) shares fell 5.6% as the business warned it was facing rising costs.

The Galaxy Resources Limited (ASX: GXY) share price rose 1.4% after giving a mineral resource and ore reserve update for its Mt Cattlin operation.

Shares of natural beauty business BWX Limited (ASX: BWX) rose 8% today as investors struggle to decide what a fair price for the business is after its earlier earnings downgrade.

The National Australia Bank Ltd (ASX: NAB) share price fell 0.33% as it suffered a broker downgrade.

Finally, the Costa Group Holdings Ltd (ASX: CGC) share price was one of today's top performers, it rose by 4.3%.

Here are some of today's top stories:

Motley Fool contributor Tristan Harrison owns shares of BWX Limited, Challenger Limited, and COSTA GRP FPO. The Motley Fool Australia owns shares of and has recommended BWX Limited, Challenger Limited, and COSTA GRP FPO. The Motley Fool Australia owns shares of National Australia Bank 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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