Motley Fool Australia

ALL ORDINARIES finishes higher Thursday: 8 ASX shares you missed

ASX 200
Credit: Cimexus

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.16% to 6.683.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.15% to 6,791.30
  • AUD/USD at US 68 cents
  • Gold at US$1,476.37 an ounce
  • Brent Oil at US$62.93 a barrel

One of the best-performing ASX 200 shares today was the Resolute Mining Limited (ASX: RSG) share price which increased by 10.2% after announcing “excellent” drilling results in Senegal.

The Adelaide Brighton Ltd. (ASX: ABC) share price rose by 5.1% with investors becoming more confident about the construction industry.

Coal miner Whitehaven Coal Ltd (ASX: WHC) suffered a share price drop of 9.7% after downgrading its FY20 guidance.

The Bubs Australia Ltd (ASX: BUB) share price was unmoved today after going into a trading halt.

The share price of iSignthis Ltd (ASX: ISX) also didn’t change as it still remains in a trading halt, however it announced it’s taking the ASX to court.

Metcash Limited (ASX: MTS) announced its half-year result this morning, the share price fell 0.4% in response.

The Magellan Financial Group Ltd (ASX: MFG) share price increased by 3.3% as the fund manager announced another month of strong funds under management (FUM) growth.

Finally, the Propel Funeral Partners Ltd (ASX: PFP) share price rose by 0.6% after announcing an expansion and extension of its debt facilities.

Here are some of today’s top stories:    

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

*Returns as of June 30th

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BUBS AUST FPO and Propel Funeral Partners Ltd. 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.

Related Articles…

Latest posts by Tristan Harrison (see all)