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ALL ORDINARIES finishes higher Wednesday: 8 shares you missed

Tristan Harrison
ASX main board

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.42% to 6,595.90
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.44% to 6,677.50
  • AUD/USD at US 68 cents
  • Gold at US$1,501.30 an ounce
  • Brent Oil at US$60.84 a barrel

The best-performing ASX 200 share today was the Eclipx Group Ltd (ASX: ECX) share price which ended the day up 7.2%.

Investors were pleased by the CSL Limited (ASX: CSL) report and guidance, sending the share price higher by 6.6%.

The share price of Aveo Group (ASX: AOG) rose 5.7% as the business revealed a takeover offer from Brookfield.  

The Magellan Financial Group Ltd (ASX: MFG) share price fell 6.75% as investors reacted to the capital raising, FY19 report and new listed trust that was announced yesterday.

The third quarter update from National Australia Bank Ltd (ASX: NAB) sent the share price down by 0.4%.

It was a rough day for the shareholders of Pact Group Holdings Ltd (ASX: PGH), its share price declined 16.9% after releasing a disappointing report.

The Computershare Limited (ASX: CPU) share price ended the day lower by 0.9% with investors reacting to its FY19 result and disappointing FY20 guidance.

Finally, the share price of the gold industry took a tumble. The worst decline belonged to the share price of Saracen Mineral Holdings Limited (ASX: SAR) which dropped 8.7%.

Here are some of today’s top stories:    

  • Do you have the right mentality to invest in shares?
  • 2 ASX shares I think every investor should own for 2020 and beyond
  • How to save more money than the average Australian
  • Will CSL beat CBA to be the ASX’s most valuable company one day?

CSL has proven to be one of Australia’s best businesses again today. These top ASX shares could be the next best ones to own for the long-term.  

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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 CSL Ltd. The Motley Fool Australia owns shares of National Australia Bank Limited. The Motley Fool Australia has recommended Computershare. 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