S&P/ASX 200 ends week on high note: 8 stocks you should have been watching

S&P/ASX 200 gains 0.4%

Mike King

Mike King is a Fool.com.au Investment Analyst and Writer. He caught the investing bug more than a decade ago, at a time when the U.S. had invaded Iraq and fear reigned in the markets. His initial success as the markets took off encouraged his passion and thirst for knowledge. With 13 years behind him at one of Australia's largest domestic banks, Mike's passion for stocks led him to join a boutique funds management firm, where he stayed for four years. A seven-year stint in equity research at one of the largest investment banks in the world followed that, giving Mike a thirst to pursue his passion further. Mike holds a Diploma in Applied Finance and Investment and a Graduate Certificate in Financial Planning. His passion is to help retail investors invest better, and that passion was one of his primary reasons for joining The Motley Fool Australia in late 2011. Mike has written thousands of articles since joining, including for Fairfax Media, Yahoo!7, Ninemsn and has also appeared on ABC's The Business. You can see all of Mikes' holdings here

Published November 25, 2016 4:35 pm AEDT

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has closed up 0.4% – despite US markets being closed for the Thanksgiving holiday.

Here's a quick summary:

S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.4% at 5,507.8 points
ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.4% at 5,570.5 points
AUD/USD at US 74.03 cents
Iron Ore up 1.4% to US$76.93 a tonne, according to Metal Bulletin
Gold down 0.3% to US$1,184 an ounce
Brent oil flat at US$49.00 a barrel

Tatts Group Limited (ASX: TTS) saw its share price jump after Tabcorp Holdings Limited (ASX: TAH) confirmed it had picked up a 10% stake in Tatts to scare off any rivals to its takeover offer.

Ardent Leisure Group (ASX: AAD) also saw gains of nearly 4% after a Workplace Health and Safety audit issued several notices to the company's Dreamworld theme park. None related to guest safety.

Australia and New Zealand Banking Group (ASX: ANZ) and Macquarie Group Ltd (ASX: MQG) have been involved in yet another banking scandal – this time in Singapore – as we discussed here.

And as you might expect, there was carnage in the gold sector as the gold price continues to fall. Amongst the biggest losers were Saracen Mineral Holdings Limited (ASX: SAR), Doray Minerals Limited (ASX: DRM) and Perseus Mining Limited (ASX: PRU).

Here are today's top stories:

Automatic Renewal

By taking up this offer, you will also be enrolled in our auto-renewal program, which is our way of making your ongoing subscription easier by ensuring uninterrupted service. Don't worry, though – you're not locked in, and can cancel your auto-renewal at any time before each 'anniversary' date without question or penalty.