ALL ORDINARIES finishes higher Monday: 8 shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.01% to 6,251.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.01% to 6,347.90
  • AUD/USD at US 72 cents
  • Gold at US$1,288.18 an ounce
  • Brent Oil at US$71.44 a barrel

The best-performing ASX 200 share today was the Bravura Solutions Ltd (ASX: BVS) share price which rose 7% as investors became more excited about the prospect of the acquisition of GBST Holdings Limited (ASX: GBT), which rose by 4.1%.

The Commonwealth Bank of Australia (ASX: CBA) share price increased by another 0.8% today as investors considered what the effects of a cost-cutting plan might do for CBA’s earnings.

The share price of A2 Milk Company Ltd (ASX: A2M) grew by another 4% today, meaning it hit a new all-time high. However, it wasn’t such a good day for the Bellamy’s Australia Ltd (ASX: BAL) share price which fell 5.7%.

The Rio Tinto Limited (ASX: RIO) share price ended the day 0.25% higher after announcing the investment into the next stage of its Resolution copper project.

The share price of Pendal Group Ltd (ASX: PDL) dropped almost 9% as investors reacted to last week’s funds under management (FUM) announcement.

Finally, the share price of Bigtincan Holdings Ltd (ASX: BTH) plunged 14% today.

Here are some of today’s top stories:

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Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of BIGTINCAN FPO and Bravura Solutions Ltd. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Bellamy's Australia, BIGTINCAN FPO, Bravura Solutions Ltd, and GBST Holdings 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.

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