The Motley Fool

ALL ORDINARIES finishes lower Wednesday: 8 ASX 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) higher 0.07% to 6,680.20
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.88% to 6,787.60
  • AUD/USD at US 69 cents
  • Gold at US$1,489.24 an ounce
  • Brent Oil at US$61.40 a barrel

One of the best-performing ASX 200 shares today was the Silver Lake Resources Limited. (ASX: SLR) share price, it rose by 7.5%.

We have seen continuing growth from the lithium sector as protests in Chile cause concern, the Galaxy Resources Limited (ASX: GXY) share price climbed 5.7% and the Orocobre Limited (ASX: ORE) share price increased by 4.3%.

Woolworths Group Ltd (ASX: WOW) revealed an excellent quarter of sales growth, but that was undermined by news of staff wage underpayments. The Woolworths share price dropped 1.4%.

The share price of Costa Group Holdings Ltd (ASX: CGC) came back to trading today, leading to a 24% decline of the share price.

The drought is also causing pain for the Bega Cheese Ltd (ASX: BGA) share price which fell another 7.6% today.

The recovering housing market saw Genworth Mortgage Insurance Australia (ASX: GMA) have a good quarter, sending the share price up 10.6%.

Finally, the share price of Zip Co Ltd (ASX: Z1P) fell 12.2% after revealing its September 2019 quarter update.

Here are some of today’s top stories:    

The Fool investment team has identified these ASX shares that could be worth a place in your portfolio.  

Top 3 ASX Blue Chip Shares For Next Year

You’re invited! For a limited time, The Motley Fool Australia is giving away an urgent new investment report detailing our 3 TOP BLUE CHIP SHARES to own in 2019.

So if you like trustworthy, stable, high-performing companies that pay fat fully franked dividends – we’ve got you covered!

Stock #1 is a beloved old Australian company turning its attention to high-margin businesses... and rapidly returning cash to shareholders with its hefty dividend...

While Stock #2 is an online powerhouse that’s rapidly gaining market share all around the globe... poised for years (or even decades) of tremendous growth...

Even better, Stock #3 offers a whopping 6.5% grossed-up dividend! Which beats the rates on term deposits right out of the water – and offers the potential for capital gains, too.

You can discover all three shares inside our new report right now. To scoop up your FREE copy, simply click the link below right now. But you will want to hurry – this free report is available for a LIMITED TIME ONLY!


Tristan Harrison owns shares of COSTA GRP FPO. 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 COSTA GRP FPO. 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.