ASX 200 recovers: 9 shares you should have been watching

Local shares traded in the red for most of today, but ultimately managed to end the session higher.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.2% to 5239 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5337 points
  • AUD/USD at US 74.6 cents
  • Iron Ore at US$55.97 a tonne, according to the Metal Bulletin
  • Gold at US$1,321.45 an ounce
  • Brent oil at US$46.08 a barrel

Commonwealth Bank of Australia (ASX: CBA) was one of the key performers for the day. Its shares raced 1.9% higher following broker upgrades from Goldman Sachs and Macquarie.

Of the other banks, National Australia Bank Ltd. (ASX: NAB) was the next best with a 1.4% gain.

Meanwhile, BHP Billiton Limited (ASX: BHP) managed to record a 1.4% gain, with South32 Ltd (ASX: S32) up 3.2%.

Retailer Myer Holdings Ltd (ASX: MYR) announced its full-year earnings results today. The shares rose initially, but ended the day 1.5% lower.

Automotive Holdings Group Ltd (ASX: AHG) also shed 5.1%, while Flight Centre Travel Group Ltd (ASX: FLT) dropped 4.1%.

Cover-More Group Ltd (ASX: CVO), on the other hand, rose 5.2%. SAI Global Limited (ASX: SAI) lifted 3.5%.

Here are Thursday’s top stories:

  1. Myer Holdings Ltd reports: Are shares a bargain?
  2. 3 shares I’d buy right now with $10,000
  3. 10 blue chips soaring more than 50% in the past year
  4. How CSL Limited turned a $1,000 investment into over $200,000
  5. Brokers just upgraded these 3 ASX shares
  6. What’s all the fuss about FirstWave Cloud Technology Ltd?

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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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