Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Friday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.49% to 6,604.20
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.40% to 6,698.20
- AUD/USD at US 67 cents
- Gold at US$1,527.52 an ounce
- Brent Oil at US$60.97 a barrel
The best-performing ASX 200 share today was the ship building business Austal Limited (ASX: ASB), investors were pleased with its FY19 report.
The share price of Splitit Ltd (ASX: SPT) rocketed higher by 37.5% after the market learned of the growth numbers in its FY19 result.
The Appen Ltd (ASX: APX) share price recovered 6.8% today with investors seeing an opportunity.
The Harvey Norman Holdings Limited (ASX: HVN) share price dropped 6.2% after reporting its FY19 result.
The share price of Sezzle Inc (ASX: SZL) fell 1.2% after the buy now, pay later company reported its result.
Another business to see its share price react to a report today was Freedom Foods Group Ltd (ASX: FNP) which rose 25.3%.
Debt collector Collection House Limited (ASX: CLH) saw its share price climb 10.5% after a pleasing FY19 report.
Finally, the share price of Resolute Mining Limited (ASX: RSG) decolined around 3% despite a solid report.
Here are some of today’s top stories:
- Experience Co share price rockets 20% higher after hitting its FY 2019 guidance
- BlueScope share price flat despite ACCC alleging serious cartel behaviour
- Is the BHP share price a buy?
- 3 lessons to be learnt from the August reporting season
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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 Appen Ltd. The Motley Fool Australia has recommended Freedom Foods Group 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.
The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2019