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 0.42% to 6,595.90
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.44% to 6,677.50
- AUD/USD at US 68 cents
- Gold at US$1,501.30 an ounce
- Brent Oil at US$60.84 a barrel
The best-performing ASX 200 share today was the Eclipx Group Ltd (ASX: ECX) share price which ended the day up 7.2%.
The share price of Aveo Group (ASX: AOG) rose 5.7% as the business revealed a takeover offer from Brookfield.
The Magellan Financial Group Ltd (ASX: MFG) share price fell 6.75% as investors reacted to the capital raising, FY19 report and new listed trust that was announced yesterday.
It was a rough day for the shareholders of Pact Group Holdings Ltd (ASX: PGH), its share price declined 16.9% after releasing a disappointing report.
The Computershare Limited (ASX: CPU) share price ended the day lower by 0.9% with investors reacting to its FY19 result and disappointing FY20 guidance.
Finally, the share price of the gold industry took a tumble. The worst decline belonged to the share price of Saracen Mineral Holdings Limited (ASX: SAR) which dropped 8.7%.
Here are some of today’s top stories:
- Do you have the right mentality to invest in shares?
- 2 ASX shares I think every investor should own for 2020 and beyond
- How to save more money than the average Australian
- Will CSL beat CBA to be the ASX’s most valuable company one day?
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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 CSL Ltd. The Motley Fool Australia owns shares of National Australia Bank Limited. The Motley Fool Australia has recommended Computershare. 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.