ASX 200 lifts ahead of election: 11 shares you should have been watching

Local shares continued to rise today, although they didn’t enjoy the same kind of gains as international shares with a number of blue-chip businesses ending the session in the red.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.1% to 5257 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.2% to 5342 points
  • AUD/USD at US 76.99 cents
  • Iron Ore at US$67.43 a tonne, according to the Metal Bulletin
  • Gold at US$1,282.70 an ounce
  • Brent oil at US$46.19 a barrel

Commonwealth Bank of Australia (ASX: CBA) shares dragged on the market today following its quarterly earnings report. The shares dropped 0.6%.

The bank’s rival, Westpac Banking Corp (ASX: WBC) also shed 0.8%, while Macquarie Group Ltd (ASX: MQG) lost 2.5% after going ex-dividend.

Other blue chip shares did help to bolster the main bourse. BHP Billiton Limited (ASX: BHP) enjoyed a 2.6% rise. South32 Ltd (ASX: S32) climbed 2.8% as well.

oOh!Media Ltd (ASX: OML) and APN Outdoor Group Ltd (ASX: APO) soared 6.2% and 17.1% higher after the latter announced a recovery in sales.

Gold miner Independence Group NL (ASX: IGO) also gained 8.5%, while REA Group Limited (ASX: REA) rose 5.4% on its first quarter update.

Meanwhile, Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares picked up where they left off yesterday, rising another 6.7% today, while Mayne Pharma Group Ltd (ASX: MYX) gained another 6.5% as well.

Here are Tuesday’s top stories:

  1. Commonwealth Bank of Australia shares sink on quarterly profit
  2. The iron ore price is soaring
  3. Australians missing out on $7.4 billion in savings
  4. What you need to know about DuluxGroup Limited’s results
  5. Why these 4 ASX shares are getting slammed today
  6. 3 shares I’d consider buying with $6,000 today

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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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