MENU

ALL ORDINARIES finishes lower Friday: 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 Friday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.03% to 5,862.80
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.03% to 5,935.30
  • AUD/USD at US 72 cents
  • Gold at US$1,317.62 an ounce
  • Brent Oil at US$61.89 a barrel

The best-performing ASX 200 share today was lithium miner Pilbara Minerals Ltd (ASX: PLS), it rose by 6.2%.

Shares of Qantas Airways Limited (ASX: QAN) fell 2.2% as it was revealed that it had taken a 19.9% stake, at a cost of $60 million, of charter operator Alliance Aviation Services Ltd (ASX: AQZ). The Alliance Aviation share price rose 8.7% in response.

The WiseTech Global Ltd (ASX: WTC) share price rose by 1.6% after announcing the acquisition of Norwegian-based customs management solutions provider Systema.

Shares of Healthscope Ltd (ASX: HSO) rose by 3.8% after announcing it was proceeding with the Brookfield takeover offer.

It has been a terrible week for the Syrah Resources Ltd (ASX: SYR) share price, which fell another 8% today.

The share price of Ansell Limited (ASX: ANN) ended the day down 0.3% after the glove company announced the acquisition of Ringers Gloves for US$70 million.

Finally, the Reliance Worldwide Corporation Ltd (ASX: RWC) share price fell 2.3% today after re-affirming its earnings before interest, tax, depreciation and amortisation (EBITDA) guidance for FY19.

Here are some of today’s top stories:

Qantas investors didn’t react well to today’s news. If you’re looking to add blue chips to your portfolio then these quality ASX stocks could be better picks than Qantas.

Top 3 ASX Blue Chips To Buy For 2019

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2019."

Each one pays a fully franked dividend. The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of WiseTech Global. The Motley Fool Australia has recommended Ansell Ltd. 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.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!