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 0.77% to 6,776.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.73% to 6,862.40
  • AUD/USD at US 70 cents
  • Gold at US$1,420.96 an ounce
  • Brent Oil at US$64.02 a barrel

The best-performing ASX 200 share today was the share price of Eclipx Group Ltd (ASX: ECX) which rose by 7%.

Resource businesses were the biggest sufferers in the ASX 200. The share price of gold miner Regis Resources Limited (ASX: RRL) fell 11.75% – it released its June 2019 quarter report yesterday.

The Iluka Resources Limited (ASX: ILU) share price was another to suffer as it released its June 2019 quarterly numbers, it dropped by 10%.

The share price of Pacific Energy Limited (ASX: PEA) rose by 36% on a potential takeover.

The Strike Energy Ltd (ASX: STX) share price was another to jump today, it rose by 42.2%.

Buy now, pay later business Zip Co Ltd (ASX: Z1P) released its June 2019 quarter numbers which included a lot of growth, sending the share price up more than 9%.

Investment bank Macquarie Group Ltd (ASX: MQG) has been a focus on APRA, but the share price still ended 0.3% higher.

Finally, the share price of St Barbara Ltd (ASX: SBM) fell 2.8% with the gold miner releasing its June 2019 quarter report.

Here are some of today’s top stories:    

Zip has impressed with its growth today, but I do wonder how much further these BNPL businesses can grow when they’re already known by a lot of consumers. I much prefer the idea of these great ASX shares.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

Stock #1 is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Stock #2 is another high-growth business trading near a 52-week low all while offering a 4.7% grossed-up yield...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended Macquarie Group 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.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!