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ASX review on Tuesday: 12 shares you should have been watching

The Orocobre Limited (ASX: ORE) share price was on the back foot with investors today as its production downgrade and heavy short interest continued to weigh on the price. The ORE share price closed Tuesday’s session 5.3% lower, although the broader market managed to stay afloat.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.3% to 5761 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5801 points
  • AUD/USD at US 76.18 cents
  • Iron Ore at US$89.73 a tonne, according to the Metal Bulletin
  • Gold at US$1,226.32 an ounce
  • Brent oil at US$55.92 a barrel

The iSentia Group Ltd (ASX: ISD) share price continued to gain steam today, adding to yesterday’s strong gain. The ISD share price rose 7.1% for the day.

The Nextdc Ltd (ASX: NXT) share price also delivered a strong performance, rising 2.9%, with Ardent Leisure Group (ASX: AAD) up 3.9% and DuluxGroup Limited (ASX: DLX) rising 2.2%.

The blue chips produced mixed results for the day. National Australia Bank Ltd. (ASX: NAB) shares lifted 0.7% while Fortescue Metals Group Limited (ASX: FMG) gained 1.1%, but BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) both ended the day in the red, down 1% and 0.8%, respectively.

The Medibank Private Ltd (ASX: MPL) share price fell too, down 1.1%.

Regis Resources Limited (ASX: RRL) and Evolution Mining Ltd (ASX: EVN) were among the other businesses that struggled today following another dip in the price of gold. The pair slipped 5.9% and 3.7%.

Here are Tuesday’s top stories:

  1. 10 stocks up by more than 60% in 2017
  2. 5 stocks I would AVOID at all costs
  3. This could seriously torpedo the Fortescue Metals Group Limited share price

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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 Bruce Jackson.

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