The Motley Fool

ALL ORDINARIES finishes higher Thursday: 8 ASX shares you missed

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:    

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

Top 3 Blue Chip Shares For 2020

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!


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.

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have 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 2.7% 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.