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) lower 2.31% to 6,708.10
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 2.35% to 6,790.70
  • AUD/USD at US 66 cents
  • Gold at US$1,644.63 an ounce
  • Brent Oil at US$55.28 a barrel

One of the best-performing ASX 200 shares today was healthcare business Healius Ltd (ASX: HLS), its share price rose 15.6% on its result and a potential takeover.

Funeral business InvoCare Limited (ASX: IVC) saw a share price rise of 13.7% after the company announced impressive growth in its report.

The result of media business Nine Entertainment Co Holdings Ltd (ASX: NEC) sent its share price higher by over 7%.

The coronavirus caused a sell-off of many of the ASX’s most popular growth shares. The Polynovo Ltd (ASX: PNV) share price was crunched, it dropped 20.5%. Other examples of painful declines belonged to Appen Ltd (ASX: APX) and WiseTech Global Ltd (ASX: WTC), their share prices fell 9.3% and 8.1% respectively.

Ethical fund manager Australian Ethical Investment Limited (ASX: AEF) was another to report today, its share price fell 3.2% in reaction.

Finally, the share price of Woolworths Group Ltd (ASX: WOW) fell 2.7% after reporting impressive operating results, but the wage underpayment soured the overall numbers.

Here are some of today’s top stories:    

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

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 over 40% off its high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or 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.


Tristan Harrison owns shares of Australian Ethical Investment Ltd. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Australian Ethical Investment Ltd. The Motley Fool Australia owns shares of Appen Ltd and WiseTech Global. The Motley Fool Australia has recommended Australian Ethical Investment Ltd., InvoCare Limited, and Nine Entertainment Co. Holdings 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.