ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished lower on Wednesday.

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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 0.42% to 6,269.10
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.50% to 6,351.80
  • AUD/USD at US 70 cents
  • Gold at US$1,287.59 an ounce
  • Brent Oil at US$70.21 a barrel

The best-performing ASX 200 share today was the Syrah Resources Ltd (ASX: SYR) share price which rose by 5.3%.

The gold mining industry had a positive day with the share market suffering from negativity, the share price of Northern Star Resources Ltd (ASX: NST) was the best performer – it rose by 4.2%.

At the red end of the ASX the share price of TPG Telecom Ltd (ASX: TPM) fell 14% and the Hutchison Telecommunications (Aus) Ltd (ASX: HTA) share price declined 28% after the ACCC rejected the merger between the two telcos.

The share price of FlexiGroup Limited (ASX: FXL) jumped 24.4% after giving an update about the progress of its buy now, pay later business.

The Afterpay Touch Group Ltd (ASX: APT) share price dropped 6.7% in response to both the market falling and FlexiGroup's progress with its buy now, pay later subsidiary.

The share price of Treasury Wine Estates Ltd (ASX: TWE) dropped 6.4% with worries mounting about China because of the trade war.

Finally, the share price of CSR Limited (ASX: CSR) declined 1.5% after reporting a profit decline its FY19 result.

Here are some of today's top stories:

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