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Aussie Shares Closed Lower Today

The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed lower on Tuesday as a2 Milk Company Ltd (Australia) (ASX:A2M) shares went off.
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a2 Milk Company Ltd (Australia) (ASX: A2M) shares led the ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index to a lower finish on Tuesday.

All Ordinaries: down 0.8% at 6,139 points

ASX 200: down 0.8% at 6,026 points

Here are the shares which moved the market today.

Biggest Gainers

  • Bendigo and Adelaide Bank Ltd (ASX: BEN) – up 0.8%
  • Flight Centre Travel Group Ltd (ASX: FLT) – up 0.6%
  • G8 Education Ltd (ASX: GEM) – up 3.3%

Biggest Losers

  • South32 Ltd (ASX: S32) – down 3.7%
  • a2 Milk – down 3%
  • ResMed Inc. (CHESS) (ASX: RMD) – down 2.8%

Shares of the Big Four banks ended lower today, with National Australia Bank Ltd. (ASX: NAB) falling 0.6% into the red.

Newcrest Mining Limited (ASX: NCM), the ASX’s largest gold-focused mining company, dropped 1.8% today despite releasing its quarterly report to investors this morning. In its ASX filing, Newcrest reported a 17% increase in gold production and a 34% jump in copper output. Read more here.

Shares of Getswift Ltd (ASX: GSW), the $400 million software company founded by former AFL player Joel MacDonald, remained in its suspension today despite making an announcement. According to an ASX announcement, Getswift has appointed accounting firm PWC to, “review the Company’s continuous disclosure compliance”. Read more here.

Shares of Credit Corp Group Limited (ASX: CCP), a $1 billion debt collection company, fell 8% today following the release of its 2018 half-year results this morning. Credit Corp reported an 18% increase in half-year profit, to $29.8 million.

Meanwhile, shares of Village Roadshow Ltd (ASX: VRL), the owner of Village Cinemas, fell more than 10% after announcing “challenging trading conditions” in its cinemas and theme parks businesses.

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