Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Tuesday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.33% to 6,568.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.33% to 6,648.10
- AUD/USD at US 68 cents
- Gold at US$1,524.24 an ounce
- Brent Oil at US$58.21 a barrel
The best-performing ASX 200 share today was the Fortescue Metals Group Limited (ASX: FMG) share price which rose 3.6%.
The share price of Magellan Financial Group Ltd (ASX: MFG) was unmoved because it went into a trading halt to do a capital raising to fund a new listed trust, as well as reveal its FY19 result.
The Auckland International Airport Limited (ASX: AIA) share price fell 0.4% after revealing its monthly passenger numbers.
The share price of Arena REIT No 1 (ASX: ARF) fell by over 1% due to its FY19 result and the guidance for FY20, even though it predicted distribution growth of almost 6% for this year.
At the bottom of the ASX 200 table was the share price of lithium miner Orocobre Limited (ASX: ORE) which fell by 6.4%.
The share price of Centuria Capital Group (ASX: CNI) fell 0.5% due to the numbers it reported in its FY19 result.
Finally, the Wam Microcap Ltd (ASX: WMI) share price finished 0.8% higher after it revealed what its FY19 dividend would be before the market had shut.
Here are some of today’s top stories:
- Magellan offers ‘free’ units & rules out retirement income product to disrupt Challenger Ltd
- Where should you invest your first $500?
- 2 reasons why tech shares keep outperforming the share market
- Don’t let fake news (or the Deep State) take your money…
This Tiny ASX Stock Could Be the Next Afterpay
One little-known Australian IPO has doubled in value since January, and renowned Australian Moonshot stock picker Anirban Mahanti sees a potential millionaire-maker in waiting...
Because 'Doc' Mahanti believes this fast-growing company has all the hallmarks of genuine Moonshot potential, forget 'buy now pay later', this stock could be the next hot stock on the ASX.
Doc and his team have published a detailed report on this tiny ASX stock. Find out how you can access what could be the NEXT Afterpay today!
Returns as of 6th October 2020
Motley Fool contributor Tristan Harrison owns shares of WAM MICRO FPO. The Motley Fool Australia owns shares of and has recommended Challenger 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.