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 0.83% to 6,232.80
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.76% to 6,320.40
- AUD/USD at US 71 cents
- Gold at US$1,292.29 an ounce
- Brent Oil at US$69.28 a barrel
The best-performing ASX 200 share today was the Syrah Resources Ltd (ASX: SYR) share price which rose another 13%.
The share price of Eclipx Group Ltd (ASX: ECX) continued its recovery, it went up 7.8%.
The Cimic Group Ltd (ASX: CIM) share price rose 0.2% after the engineering company announced more pleasing contract developments.
The Pinnacle Investment Management Group Ltd (ASX: PNI) share price dropped 0.5% after announcing a partnership with Riparian.
Here are some of today’s top stories:
- Budget 2019: The verdict for investors
- Why this broker thinks the Telstra share price is heading to $3.70
- Is the Westpac share price a buy?
- Banks facing a new earnings threat that many aren’t aware of
Syrah is rapidly rising in value this week, but I prefer businesses that can generate consistent profit and pay reliable dividends like these great ASX stocks.
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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 and has recommended Catapult Group International 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.