MENU

S&P/ASX 200 ends Wednesday higher: 9 shares you should have been watching

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended higher on Wednesday, lead up by the BHP Billiton Limited (ASX:BHP) share price and Rio Tinto Limited (ASX: RIO) share price, as well as gains in the AGL Energy Ltd (ASX:AGL) share price.

Here’s a recap of overseas markets:

  • FTSE 100 (UK): down 0.13%
  • DAX (Germany): down 0.01%
  • CAC 40 (France): down 0.51%
  • Dow Jones (USA): down 0.21%
  • NASDAQ (USA): down 0.32%

Closer to home:

  • The S&P/ASX 200 — up 0.26%
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) — up 0.27%

Leading the ASX 200 higher today was the materials, utilities and telecommunications sectors. The BHP share price and RIO share price ended 1.5% and 2.2% higher, respectively. The catalyst behind their gains appears to be the 5.5% rally in the iron ore price. Fortescue Metals Group Limited (ASX: FMG) ended the day 5.6% higher.

In the utilities sector, AGL Energy and APA Group (ASX: APA) finished the day 1.1% higher.

GPT Group (ASX: GPT) was amongst the best performers while WiseTech Global Ltd (ASX: WTC) ended 6.3% higher despite no company-specific news.

At the other end of town, gold miner St Barbara Ltd (ASX: SBM) and hospital operator Ramsay Health Care Ltd (ASX: RHC) ended 4.6% and 1.9% lower, respectively.

Here are Wednesday’s top stories:

We've just released our #1 dividend pick for 2017. And the winner is...

With its shares up 155% in just the last five years, this 'under the radar' consumer favourite is both a hot growth stock AND our expert's #1 dividend pick for 2017. Now we're pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is click the link below!

Simply click here to receive your copy of our brand-new FREE report, "The Motley Fool's Top Dividend Stock for 2017."

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned. Owen welcomes and encourages your feedback. You can follow him on Twitter @OwenRask. 

The Motley Fool Australia owns shares of WiseTech Global. 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.

HOT OFF THE PRESSES: My #1 Dividend Pick for 2017!

With its shares up 155% in just the last five years, this ‘under the radar’ consumer favourite is both a hot growth stock AND our expert’s #1 dividend pick for 2017. Now we’re pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is enter your email below!

Simply enter your email now to receive your copy of our brand-new FREE report, “The Motley Fool’s Top Dividend Stock for 2017.”

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.