The Motley Fool

ALL ORDINARIES finishes lower Thursday: 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 Thursday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.07% to 6,059.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.01% to 6,139.60
  • AUD/USD at US 71 cents
  • Gold at US$1,308.81 an ounce
  • Brent Oil at US$64.01 a barrel

The best-performing ASX 200 share today was home appliance business Breville Group Ltd (ASX: BRG) after revealing how it did in the six months to 31 December 2018.

Shares of Cleanaway Waste Management Ltd (ASX: CWY) also went up 13% on its half year report release.

Fund manager Magellan Financial Group Ltd (ASX: MFG) went up 9.9% today after another impressive report showing profit growth.

AMP Limited (ASX: AMP) shares dropped 7.8% after the financial business reported a large drop in profit.

The Telstra Corporation Ltd (ASX: TLS) share price declined 2.2% today after it cut the dividend again due to a fall in earnings.

The share price of Treasury Wine Estates Ltd (ASX: TWE) ended the day up 0.6% after reporting its result and forecasting further growth in FY20.

Healthscope Ltd (ASX: HSO) shares were flat today after the private hospital operator handed in its result.

Finally, the City Chic Collective Ltd (ASX: CCX) share price rose a whopping 39.5% on its report today.

Here are some of today’s top stories:

The Telstra dividend reduction has shown why it can be dangerous chasing a high yield. I think it’s better to go for shares that have a clear route to sustainable income increases with a decent starting yield, such as these quality ASX dividend shares.

Our Top 3 Dividend Ideas for 2019

NEW! The Motley Fool’s team of crack analysts has just released a timely report revealing the names and codes of their top 3 dividend share recommendations for 2019. Be among the first investors to get access—FREE, for a strictly limited time. You’ll discover the names of 3 hefty dividend paying companies with what our analysts consider to be solid growth prospects for the year ahead…

The first two currently offer fat, fully franked yields and the third is a surprising REIT offering you the chance to become a landlord with none of the hassle! If you’re looking for hot new ideas, look no further. But you do need to hurry. Snap up your free copy now, before supplies run out!

Simply click here to grab your FREE copy of this up-to-the-minute research report on our top 3 dividend share recommendations right away.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited and Treasury Wine Estates 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.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.