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 0.40% to 6.824.00
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.34% to 6,933.60
- AUD/USD at US 69 cents
- Gold at US$1,477.81 an ounce
- Brent Oil at US$66.15 a barrel
The share price of Lynas Corporation Ltd (ASX: LYC) fell over 1% today despite the new plant being awarded lead agency status by the WA Government.
The Zip Co Ltd (ASX: Z1P) share price fell 0.3% today after the buy now, pay later business made an announcement regarding a code of practice for the industry.
A takeover offer sent the share price of CML Group Ltd (ASX: CGR) higher by 15.8% after confirming it had received a confidential, unsolicited, non-binding indicative and conditional offer.
The share price of Prime Media Group Limited (ASX: PRT) dropped 5% today after it failed to receive shareholder backing for the takeover.
Here are some of today’s top stories:
- Aussies have never been this rich and we are about to get richer
- Replace your entire wage with dividends from ASX shares
- What size share portfolio do you need to be considered wealthy?
- Why Australia’s strengthening economy could mean no RBA cuts in 2020
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Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of ZIPCOLTD FPO. The Motley Fool Australia has recommended Service Stream 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.