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 0.18% to 6,060.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.12% to 6,128.60
- AUD/USD at US 71 cents
- Gold at US$1,314.14 an ounce
- Brent Oil at US$61.52 a barrel
Large retailer JB Hi-Fi Limited (ASX: JBH) went up 1.8% in response to the continuing revenue and profit growth that was reported this morning.
Here are some of today’s top stories:
- 3 ASX shares to buy for investors in their 50s
- Housing malaise sees AVJennings’ share price drop as profits suffer
- Last week was a helluva week… but I still wouldn’t bet against history
- Should you use Afterpay?
NAB shareholders aren’t feeling much joy at the moment. Losing the CEO & Chairman is one thing, seeing the share price take a hit is even more painful. These ASX blue chips could prove to be better long-term investments than the banks.
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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 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.