Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 2.85% to 6,408.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 2.80% to 6,490.80
- AUD/USD at US 68 cents
- Gold at US$1,514.83 an ounce
- Brent Oil at US$59.26 a barrel
However, there were also some painful profit reports. The Orora Ltd (ASX: ORA) share price suffered a 16% fall after reporting.
Stock exchange company ASX Ltd (ASX: ASX) reported growth but the share price still fell 2.7%.
Finally, the share price of Telstra Corporation Ltd (ASX: TLS) fell over 2% after cutting the dividend and revealing another painful profit plunge.
Here are some of today’s top stories:
- QBE shares lift as ROE, dividends, and profits surge
- Breville just juiced profits, dividends, and ROE higher
- Woodside shares slammed on profit report, Pluto blowout, oil price tumble
- Sydney Airport share price falters after half-year profit slides
Today was like Christmas for investors. All of the juicy profit numbers were revealed and the market is now cheaper for more investing. These top ASX shares could be the ones to buy after today.
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 frankded 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.
Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of and has recommended Blackmores Limited, Telstra Limited, and Treasury Wine Estates Limited. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended InvoCare 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.