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 0.09% to 6,174.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.04% to 6,260.60
- AUD/USD at US 71 cents
- Gold at US$1,297.04 an ounce
- Brent Oil at US$66.73 a barrel
The Syrah Resources Ltd (ASX: SYR) share price dropped 6.4% today, marking another big drop for the resource business.
The National Australia Bank Ltd (ASX: NAB) share price dropped 0.5% after the interim CEO and new Chairman wrote a letter to shareholders.
Here are some of today’s top stories:
- Big banks were ‘sorry’, but not much has changed
- 2 ETFs to buy for wealth and simple investing
- Top broker reveals 5 high-conviction ASX shares to buy in March
- 3 growing mid cap ASX shares to buy in March
Appen shares look a bit better priced after today’s fall, but I’d want them to drop even further before considering a buy. I’d much rather buy one of these top ASX stocks instead.
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 move – 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 and has recommended IPH Ltd. The Motley Fool Australia owns shares of Appen Ltd, National Australia Bank Limited, and WiseTech Global. 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.