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ALL ORDINARIES finishes lower Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.22% to 6,161.20
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.23% to 6,246.00
  • AUD/USD at US 71 cents
  • Gold at US$1,304.71 an ounce
  • Brent Oil at US$66.89 a barrel

The best-performing ASX 200 share today was gold miner Saracen Mineral Holdings Limited (ASX: SAR), its share price rose by 5.8%.

In-fact, several gold miners performed well today with the gold price increasing. The Newcrest Mining Limited (ASX: NCM) share price went up 3.1%.

Shares of Sigma Healthcare Ltd (ASX: SIG) dropped 12.3% today as its Board rejected the takeover offer from Australian Pharmaceutical Industries Ltd (ASX: API), which dropped 3.6%.

The share price of property business GPT Group (ASX: GPT) dropped 0.6% as it announced it has reached a binding agreement to sell its stake of the MLC Centre for $800 million.

Appen Ltd (ASX: APX) shares have rebounded 5.1% higher today with the machine learning business recovering some of the lost ground from when it returned to trade from its trading halt.

The Magellan Global Trust (ASX: MGG) share price dropped 2.1% today as its newly issued units hit the ASX boards.

Finally, New Hope Corporation Limited (ASX: NHC) shares are 4.3% higher with the New Acland Stage 3 Environment Authority amendment being granted.

Here are some of today’s top stories:

Sigma has popped the positivity surrounding the pharmacy industry, I wouldn’t want to invest there at the moment. Instead, I’m considering one of these great ASX shares for my portfolio.

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Motley Fool contributor Tristan Harrison owns shares of MAGLOBTRST UNITS. The Motley Fool Australia owns shares of Appen 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.

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