4 investment stories you missed in the ASX200 this week

Here are 4 investment stories you may have missed from the ASX200 (ASX:XJO) this week.

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) was eventful this week. Here are four big stories you may have missed that affected the ASX 200 index:

Bellamy's Australia Ltd (ASX: BAL) rockets

Organic food and infant formula company Bellamy's saw its share price grow by nearly 15% over the week.

It is been an amazing run for Bellamy's, it is up 36% over the course of 2019 so far. If it gets the Chinese registration it needs it could go up even more.

InvoCare Limited (ASX: IVC) wants to raise money

The largest Australian funeral and cemetery company wants to raise up to $85 million to fund its renovation and regional acquisition strategies.

It will a combination of $20 million from a share purchase plan and a $65 million fully underwritten institutional placement.

Changing of the guard

In the S&P/ASX 100, IOOF Holdings Limited (ASX: IFL) has been replaced by Washington H. Soul Pattinson and Co. Ltd (ASX: SOL).

In the S&P/ASX 200, Infigen Energy Ltd (ASX: IFN) and Automotive Holdings Group Ltd (ASX: AHG) have been replaced by Pinnacle Investment Management Group Ltd (ASX: PNI) and Hub24 Ltd (ASX: HUB).

Coles Group Limited (ASX: COL) makes a deal with its hotels

Coles has made a $200 million deal for its hotels which will see Australian Venue Co run the hotels and get the economic benefit of that, whilst Coles will get the benefit of the roll-out of more liquor stores in Queensland.

There are 87 Spirit Hotels venues that will be operated by AVC, while Coles will retain 243 retail liquor stores in Queensland and 10 stores attached to Spirit Hotels venues in South Australia and Western Australia.

Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of COLESGROUP DEF SET. The Motley Fool Australia has recommended Automotive Holdings Group Limited and 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.

More on Share Market News

asx share price boosted by us investment represented by hand waving US flag across winning athlete
Best Shares

Here are the best-performing ASX 200 shares since the US election result

We reveal the 10 ASX stocks that have had the highest share price gains since the US Presidential election.

Read more »

A young man sits at his desk working on his laptop with a big smile on his face due to his ASX shares going up and in particular the Computershare share price
Share Market News

5 things to watch on the ASX 200 on Friday

A decent finish to the week is expected for Aussie investors.

Read more »

A smiling man at a shop counter takes payment from a female customer, with racks of plants in the background.
Best Shares

Here's why I think Wesfarmers shares are a great buy for any ASX investor

I argue that Wesfarmers offers investors both growth and income potential.

Read more »

A golfer celebrates a good shot at the tee, indicating success.
Share Market News

Here are the top 10 ASX 200 shares today

ASX investors finally enjoyed a win this Thursday...

Read more »

a man sits back from his laptop computer with both hands behind his head feeling happy to see the Brambles share price moving significantly higher today
Industrials Shares

Up 39% in a year, is there more growth to come for this ASX 200 share?

IML Equity Analyst Josh Freiman shares his views on a major ASX 200 industrial stock.

Read more »

Man looking at his grocery receipt, symbolising inflation.
Share Market News

What the latest US inflation print means for ASX 200 investors

The ASX 200 is likely to benefit if the US Fed cuts interest rates again in December. But will it?

Read more »

guy helping girl invest in shares and dividends
Opinions

5 ways for investors buying ASX shares to stay focused during economic uncertainty

AMP Chief Economist, Dr Shane Oliver, offers advice on how to handle the Trump factor.

Read more »

A worried man holds his head and look at his computer.
Share Fallers

Why Graincorp, Light & Wonder, Orica, and Wildcat shares are falling today

These shares are having a tough time on Thursday. But why?

Read more »