Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Friday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.29% to 6,696.50
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.25% to 6,788.80
- AUD/USD at US 70 cents
- Gold at US$1,406.86 an ounce
- Brent Oil at US$67.06 a barrel
The best-performing ASX 200 share today was the Oil Search Limited (ASX: OSH) share price which increased by 3.5% thanks to a rising oil price.
The share price of Nearmap Ltd (ASX: NEA) dropped by 9.5% after announcing some of its FY19 growth numbers to investors.
The Telstra Corporation Ltd (ASX: TLS) share price dropped 0.3% in reaction to an outage of its services yesterday which led to EFTPOS and ATM failures.
Coal miner New Hope Corporation Limited (ASX: NHC) saw its share price increase by 1.1% after winning its court case relating to debt.
The share price of infant formula business Bubs Australia Ltd (ASX: BUB) rose by 6.7% after being on the end of a positive broker note.
The Australia and New Zealand Banking Group (ASX: ANZ) share price ended the day down 0.2% after the market learned it was being sued in New Zealand.
Fashion retailer Noni B Limited (ASX: NBL) suffered a 1.5% slip of its share price after giving a FY19 trading update.
Finally the share price of Livetiles Ltd (ASX: LVT) dropped 2.7% after revealing its June 2019 quarter annualised recurring revenue.
Here are some of today’s top stories:
- How rich is the average Australian? A millionaire apparently
- 2 ASX healthcare shares I’d buy for my portfolio
- Charter Hall announces acquisition of Telstra’s Global HQ
- Microsoft stock gets a buy rating: what you need to know
Today’s legal action against ANZ is yet another sign why I think it would be better to diversify a portfolio away from big ASX banks and towards growing ASX businesses like these.
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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 and has recommended Nearmap Ltd. and Telstra Limited. The Motley Fool Australia has recommended BUBS AUST FPO. 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