The Motley Fool

ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.31% to 6,553.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.26% to 6,656.10
  • AUD/USD at US 68 cents
  • Gold at US$1,538.22 an ounce
  • Brent Oil at US$58.56 a barrel

The best-performing ASX 200 share today was the Metcash Limited (ASX: MTS) share price which rose 3.5%.

The falling share market helped the share prices of many gold companies rise today, such as the Northern Star Resources Ltd (ASX: NST) share price which increased by 3.2%.

Plumbing and pipe business Reece Ltd (ASX: REH) rose 0.1% after announcing a US-based bolt-on acquisition to the market.

The share price of Spark New Zealand Ltd (ASX: SPK) also climbed in reaction to an announced acquisition, it rose by 2.2%.

The Pilbara Minerals Ltd (ASX: PLS) share price was unmoved after the lithium miner went into a trading halt for a capital raising.

The share price of Commonwealth Bank of Australia (ASX: CBA) declined by 0.1% with Australia’s GDP growth being better than expected, but still the lowest annual growth amount since the GFC.

CSR Limited (ASX: CSR) saw its share price fall 6.6%, it recorded the heaviest decline in the ASX 200 today.

Finally, the share price of Medibank Private Limited (ASX: MPL) declined by 4% according to the ASX, after yesterday’s news of ACCC proceedings.

Here are some of today’s top stories:    

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

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 over 40% off it's high, all while offering a fully franked dividend yield over 3%...

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

See for yourself now. Simply click here or 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 has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.