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ALL ORDINARIES finishes lower 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 lower on Thursday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.63% to 7,088.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.69% to 7,199.00
  • AUD/USD at US 69 cents
  • Gold at US$1,559.45 an ounce
  • Brent Oil at US$62.30 a barrel

One of the best-performing ASX 200 shares today was property business National Storage REIT (ASX: NSR), its share price climbed 6% in response to talks of a takeover.

The share price of Webjet Limited (ASX: WEB) also went up by 5.1% because of media reporting that takeover talks were progressing.

It was a painful day for Cimic Group Ltd (ASX: CIM) with the share price being crunched almost 20% after announcing a huge write-off.

Engineering business Downer EDI Limited (ASX: DOW) saw its share price drop 17.8% after downgrading its profit expectations.

A falling oil price had a pretty rough effect on Beach Energy Ltd (ASX: BPT), its share price dropped 6.4% today.

360 Capital Total Return Fund (ASX: TOT) gave an update today and also announced a share buy-back, which sent it share price up by more than 1%.

The announcement of the new chairman for Westpac Banking Corp (ASX: WBC) was not enough to stop the share price falling 0.3%.

Finally, the share price of Netwealth Group Ltd (ASX: NWL) dropped 2.6% after giving its December 2019 quarterly business update.

Here are some of today’s top stories:    

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Netwealth. The Motley Fool Australia has recommended National Storage REIT and Webjet 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.

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