The Motley Fool

ALL ORDINARIES finishes higher Tuesday: 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 Tuesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.59% to 6,546.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.52% to 6,624.40
  • AUD/USD at US 70 cents
  • Gold at US$1,326.18 an ounce
  • Brent Oil at US$62.72 a barrel

The best-performing ASX 200 share today was the Nearmap Ltd (ASX: NEA) share price which rose by 9.4%.

The share price of Vocus Group Ltd (ASX: VOC) share price rose 8.9% after receiving a takeover offer. The interested bidder is AGL Energy Ltd (ASX: AGL), but its share price fell by 7.2% in reaction to the news.

Casino business Star Entertainment Group Ltd (ASX: SGR) suffered a 15.75% decline of its share price after a disappointing business update was released to the market.

Gold miners were punished as a group with the share market growing today. The worst decline was the Regis Resources Limited (ASX: RRL) share price which dropped 4.4%.

The Woodside Petroleum Limited (ASX: WPL) share price rose 1.5%, the business updated the market about its Pluto LNG.

The share price of Costa Group Holdings Ltd (ASX: CGC) rose 6.5% after some insider buying.

Finally, the Link Administration Holdings Ltd (ASX: LNK) share price fell a further 0.5% due to providing an update on the sale of its corporate and private clients business.

Here are some of today’s top stories:    

Our Top 5 ASX Stocks for Investors 50 or Older

BRAND NEW! For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50.

-Each company boasts strong growth prospects over the next 3 to 5 years…

-Most importantly each pays a generous (and fully franked) dividend!

So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered!

You’re invited. Simply click the link below to discover all 5 shares we’re expressly recommending for INVESTORS 50 and OVER. To scoop up your FREE copy, simply click the link below right now. But you will want to hurry – this free report is available for a brief time only.


Motley Fool contributor Tristan Harrison owns shares of COSTA GRP FPO. The Motley Fool Australia has recommended COSTA GRP FPO, Link Administration Holdings Ltd, and Nearmap 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.

One ASX Stock For An Estimated $US22 Billion Marijuana Market

A little-known ASX company just unlocked what some experts think could be the key to profiting off the coming marijuana boom.

And make no mistake – it is coming. To the tune of an estimated $US22 billion.

Cannabis legalisation is sweeping over North America, and full legalisation arrived in Canada in October 2018.

Here’s the best part: we think there’s one ASX stock that’s uniquely positioned to profit immensely from this explosive new industry… taking savvy investors along for what could be one heck of a ride.

AND, this is the first time The Motley Fool Australia has EVER put a BUY recommendation on a marijuana stock.

Simply click below to learn more on how you can profit from the coming cannabis boom.

Click here to find out more