Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday.
Here’s a short recap of the Australian market:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 2.85% to 6,408.10
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 2.80% to 6,490.80
- AUD/USD at US 68 cents
- Gold at US$1,514.83 an ounce
- Brent Oil at US$59.26 a barrel
The best-performing ASX 200 share today was the Super Retail Group Ltd (ASX: SUL) share price which rose around 4% in reaction to its pleasing report.
The share price of Treasury Wine Estates Ltd (ASX: TWE) was another pleasing, it went up 2.2% after revealing solid growth for its shareholders.
However, there were also some painful profit reports. The Orora Ltd (ASX: ORA) share price suffered a 16% fall after reporting.
Blackmores Limited (ASX: BKL) slashed its dividend in its result, sending the share price lower by almost 15%.
The Cleanaway Waste Management Ltd (ASX: CWY) share price fell almost 14% with investors not pleased by what the waste company revealed in its report.
The share price of funeral business InvoCare Limited (ASX: IVC) declined almost 8% after reporting growth, but not enough for the market’s expectations.
Stock exchange company ASX Ltd (ASX: ASX) reported growth but the share price still fell 2.7%.
Finally, the share price of Telstra Corporation Ltd (ASX: TLS) fell over 2% after cutting the dividend and revealing another painful profit plunge.
Here are some of today’s top stories:
- QBE shares lift as ROE, dividends, and profits surge
- Breville just juiced profits, dividends, and ROE higher
- Woodside shares slammed on profit report, Pluto blowout, oil price tumble
- Sydney Airport share price falters after half-year profit slides
Today was like Christmas for investors. All of the juicy profit numbers were revealed and the market is now cheaper for more investing. These top ASX shares could be the ones to buy after today.
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Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited. The Motley Fool Australia owns shares of and has recommended Blackmores Limited, Telstra Limited, and Treasury Wine Estates Limited. The Motley Fool Australia owns shares of Super Retail Group Limited. The Motley Fool Australia has recommended InvoCare 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