Australia Markets closed

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 1.19% to 6,648.10
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.21% to 6,728.50
  • AUD/USD at US 69 cents
  • Gold at US$1,344.05 an ounce
  • Brent Oil at US$62.26 a barrel

The best-performing ASX 200 share today was the BlueScope Steel Limited (ASX: BSL) share price going up 6.5%, marking a quick turnaround from the disappointment of its announcement earlier this week. The trade war between the US and China may soon be ending. 

However, the Pilbara Minerals Ltd (ASX: PLS) share price fell another 8.4% after this week’s disappointing update regarding sales and production.

Financial services business Link Administration Holdings Ltd (ASX: LNK) has seen its share price drop 5.2% after providing some guidance around FY20’s numbers.

The Nanosonics Ltd. (ASX: NAN) share price has risen another 5.7%, marking another impressive day for the healthcare company.

The share price of Pushpay Holdings Ltd (ASX: PPH) has gone up 2.5% as it provided some guidance for FY20.

Fintech company Hub24 Ltd (ASX: HUB) saw its share price rise 3.3% in a pleasing day for the rapidly growing business.

Finally, the share price of Bravura Solutions Ltd (ASX: BVS) rose 3.2% as it increased its takeover offer for GBST Holdings Limited (ASX: GBT), the GBST share price grew by 1.6%.  

Here are some of today’s top stories:    

  • How to generate $1,000 a month in passive income
  • How to lose the battle, but win the war
  • Everything you need to know about today’s Whispir IPO
  • 26 ASX200 shares have hit 52-week highs

The Motley Fool’s #1 BANK STOCK for 2019

BRAND NEW! For a limited time, The Motley Fool Australia is giving away an urgent new investment report with all the details on our #1 BANK STOCK for the next 12 months and beyond…

Now, if you’ve been around this site for any length of time, you know The Motley Fool usually shuns bank shares.

But we’ve recently discovered a ‘hidden in plain sight’ bank stock with what we think is mouth-watering potential.

With the company boasting nearly 25% net profit growth every year for the last 5 YEARS…

And the shares paying a fully franked dividend that beats the pants off term deposits!

So if you like steady, high-growth income plays – we’ve got you covered!

You’re invited. Simply click the link below to discover our #1 ASX bank stock to profit in 2019. To scoop up your FREE copy, simply click the link below right now. But you will want to hurry – this free report is available for a brief time only.


More reading

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 Hub24 Ltd, Link Administration Holdings Ltd, Nanosonics Limited, and PUSHPAY FPO NZX. The Motley Fool Australia owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia has recommended GBST Holdings Limited, Hub24 Ltd, Link Administration Holdings Ltd, Nanosonics Limited, and PUSHPAY FPO NZX. 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