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 0.50% to 6,724.60
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.46% to 6,812.50
- AUD/USD at US 70 cents
- Gold at US$1,417.56 an ounce
- Brent Oil at US$63.61 a barrel
The best-performing ASX 200 share today was the share price of Bellamy’s Australia Ltd (ASX: BAL) which went up 4.9%.
The Afterpay Touch Group Ltd (ASX: APT) share price increased by 4.3% today, in a strong day for the buy now, pay later sector. Indeed, the Splitit Ltd (ASX: SPT) share price increased by 15.5% after yesterday’s new agreement news.
The share price SDI Limited (ASX: SDI) fell almost 3% due to its trading update for June 2019.
Here are some of today’s top stories:
- 3 ASX income shares raising their dividends like clockwork
- Rio Tinto to become world’s largest iron ore exporter, time to buy shares?
- Warning: These 5 shares are being heavily shorted
- Sydney and Melbourne house prices are going higher again
Afterpay is making another recovery, but I don’t think it could sleep easy at night if it was a large position of my portfolio. I much prefer the idea of these great ASX shares.
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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 AFTERPAY T FPO. The Motley Fool Australia has recommended Bellamy's Australia, Kogan.com ltd, and SDI 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.