The Motley Fool

ALL ORDINARIES finishes higher Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.41% to 6,358.50
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.42% to 6,443.60
  • AUD/USD at US 70 cents
  • Gold at US$1,332.62 an ounce
  • Brent Oil at US$61.49 a barrel

The best-performing ASX 200 share today was the Afterpay Touch Group Ltd (ASX: APT) share price which rose by 7.1% in reaction to the company’s US growth update.

At the opposite end of the ASX was the Vocus Group Ltd (ASX: VOC) share price which fell 17.7% as the potential takeover was ended after a quick round of due diligence.

The gold sector suffered with the global share market recovering over the past 24 hours. The Evolution Mining Ltd (ASX: EVN) share price dropped 5.6%.

The share price of Splitit Ltd (ASX: SPT) rose 8.2% in response to a new partnership with a Hong Kong business.

The Dacian Gold Ltd (ASX: DCN) share price fell 67.5% after a disappointing update regarding its Mt Morgans operation.

The share price of Charter Hall Long WALE REIT (ASX: CLW) went into a trading halt today with the property business raising capital and making acquisitions.

The Elixinol Global Ltd (ASX: EXL) share price fell 7.5% after raising $50 million to accelerate its US expansion.

Finally, the share price of Bingo Industries Ltd (ASX: BIN) rose 5.5%, making it one of the ASX 200’s top performers.

Here are some of today’s top stories:    

These 3 stocks could be the next big movers in 2020

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.

*Returns as of 6/8/2020

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO. 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.

Related Articles...

Latest posts by Tristan Harrison (see all)