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ALL ORDINARIES finishes higher Friday: 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 Friday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.77% to 6,700.30
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.75% to 6,786.20
  • AUD/USD at US 71 cents
  • Gold at US$1,441.17 an ounce
  • Brent Oil at US$62.90 a barrel

The best-performing ASX 200 share today was the share price of gold mining business Resolute Mining Limited (ASX: RSG) which rose 7.4%.

Indeed, it has been a solid day for gold shares, the second best performer in the ASX 200 was the share price of Northern Star Resources Ltd (ASX: NST) which rose by over 6%.

The comments by a member of the US Federal Reserve also seemed to boost the share price of ‘defensive’ business Sydney Airport Holdings Pty Ltd (ASX: SYD) which rose 2.3% despite reporting lower passenger traffic in June 2019.

The National Australia Bank Ltd (ASX: NAB) share price rose over 2% as it announced who has been appointed as the new CEO.

The share price of Milton Corporation Limited (ASX: MLT) went up 0.4% as the listed investment company (LIC) announced its FY19 report.

Insurance business QBE Insurance Group Ltd (ASX: QBE) saw its share price rise 0.8% thanks to the announcement regarding the Ogden discount rate decision.

The Western Areas Ltd (ASX: WSA) share price has increased by a further 3% after announcing an offtake sale and purchase agreement.

Finally, the worst performing ASX 200 business was the Clinuvel Pharmaceuticals Limited (ASX: CUV) share price which fell 7.2%.

Here are some of today’s top stories:    

We’ll see if NAB has chosen the right man to lead the bank for growth in the coming years, I prefer the idea of these top ASX shares instead.

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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 Sydney Airport Holdings Limited. The Motley Fool Australia owns shares of National Australia Bank 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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