S&P/ASX 200 finishes higher Wednesday: 9 shares you missed

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended higher on Wednesday with share price gains from a2 Milk Company Ltd (Australia) (ASX: A2M) and Seven Group Holdings Ltd (ASX: SVW).

Here’s a quick recap of global markets:

  • FTSE 100 (UK): up 0.1%
  • DAX (Germany): up 0.1%
  • CAC 40 (France): up 0.2%
  • Dow Jones (USA): up 1.1%
  • NASDAQ (USA): up 0.7%

Here are today’s key stats:

  • ASX 200: up 0.7%
  • All Ordinaries (ASX: XAO) (Index: ^AXAO): up 0.6%
  • Australian dollar (A$) (AUDUSD): 75.16 cents
  • Gold price: down 1%
  • Copper: up 0.7%
  • WTI Crude Oil: up 0.2%
  • Iron ore closed 0.7% lower at $US66.07 a tonne overnight

At the top of the ASX’s performance tables was Seven Group Holdings. Among other things, Seven Group is one of Australia’s and North East China’s distributors of Caterpillar machinery. Overnight, the US giant reported a promising market update and shares soared.

The a2 Milk Company share price also lifted more than 7% today after it announced a promising market update. Shares of rival Bellamy’s Australia Ltd (ASX: BAL) got sucked in a2 Milk’s updraft and rose 5%.

Pot stock MMJ Phytotech Ltd (ASX: MMJ) shares rose strongly following a market update, in which it stated that its subsidiary would list on Canada’s Toronto stock exchange.

At the other end of the Australian market’s performance tables were shares of gold miners, including:

  • Newcrest Mining Limited (ASX: NCM): down 4.9%
  • St Barbara Ltd (ASX: SBM): down 11%
  • Northern Star Resources Ltd (ASX: NST): down 7%
  • Regis Resources Limited (ASX: RRL): down 6%
  • Evolution Mining Ltd (ASX: EVN): down 5%

Here are today’s top stories:

Did you know: Investor Warren Buffett's net worth is A$100 billion

Here's the 1 Thing Every Investor Should Know About Buffett's Portfolio

You've probably heard a lot about billionaire investor Warren Buffett. After all, a herd of analysts and journalists has tracked his every move - for decades. Yet here's something you may not know...

Simply click here to learn more.

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

The Motley Fool Australia owns shares of A2 Milk. 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.