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 0.21% to 5,886.70
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.20% to 5,951.10
- AUD/USD at US 72 cents
- Gold at US$1,314.82 an ounce
- Brent Oil at US$61.50 a barrel
The best-performing ASX 200 share today was organic infant formula business Bellamy’s Australia Ltd (ASX: BAL), its share price rose by 9.7% perhaps due to a positive broker note.
The Pilbara Minerals Ltd (ASX: PLS) share price went up 5.5% after giving investors its quarterly report.
Shares of iron ore miner Fortescue Metals Group Limited (ASX: FMG) gained 7.75% in value today.
Mayne Pharma Group Ltd (ASX: MYX) shares ended the day down 1.2% after being up during the morning in response to announcing the launch of the Tolsura (SUBA -itraconazole) 65mg capsule in the United States.
The Syrah Resources Ltd (ASX: SYR) share price plunged 13.4% today after announcing its fourth quarter graphite production.
GUD Holdings Limited (ASX: GUD) finished the day down 9%, it disappointed investors with its half-year announcement.
The Credit Corp Group Limited (ASX: CCP) share price dropped 6.7% today, losing some of gains it has made this week.
Finally, the Zip Co Ltd (ASX: Z1P) share price fell 2.6% in response to the quarterly report.
Here are some of today’s top stories:
- Afterpay rival Splitit has rocketed 160% higher since Tuesday’s IPO
- CPI data: Why Australian inflation is still going NOWHERE
- Why the Catapult share price is falling on a mixed quarter
- Top fund manager names Aristocrat Leisure as a good ASX growth share
The easy money may have been made on Bellamy’s, but it could be better to invest in one of these top stocks for more ASX returns this year.
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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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