ASX 200 shoots higher: 17 shares you should have been watching

The local share market jumped again today, following the lead set by Wall Street overnight.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.8% to 5370 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.7% to 5446 points
  • AUD/USD at US 75.89 cents
  • Iron Ore at US$74.12 a tonne, according to the Metal Bulletin
  • Gold at US$1,257.21 an ounce
  • Brent oil at US$45.63 a barrel

The iron ore miners were once again the big winners today after iron ore surged to its highest level in 2 years. The junior miners were the best: BC Iron Limited (ASX: BCI) and Atlas Iron Limited (ASX: AGO) rose 21.9% and 29.4%, respectively.

Meanwhile, BHP Billiton Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG) all rose between 2.1% and 4.5%, with South32 Ltd (ASX: S32) up 5.2%.

The gold miners weren’t so lucky as the shiny metal continued to slip in value. EVOLUTION FPO (ASX: EVN) dropped another 4.6% and Newcrest Mining Limited (ASX: NCM) fell 7.3%.

The banks provided plenty of drive again today. Australia and New Zealand Banking Group (ASX: ANZ), Westpac Banking Corp (ASX: WBC) and Commonwealth Bank of Australia (ASX: CBA) all lifted between 2.6% and 3.4%. National Australia Bank Ltd. (ASX: NAB) went one better, lifting 4.2%.

Some of the other best performers for the day included Santos Ltd (ASX: STO), CYBG PLC CDI 1:1 (ASX: CYB) and Henderson Group plc (ASX: HGG). The trio rose 6.4%, 4.5%, and 4.3%, respectively.

Along with the gold miners, APA Group (ASX: APA) and Telstra Corporation Ltd (ASX: TLS) ranked among the worst performers, dropping 4.4% and 2.7%.

Here are Friday’s top stories:

  1. We Will Remember Them
  2. Miners are SURGING as iron ore nears US$75 a tonne
  3. 3 ways to profit from the tourism boom
  4. 2 stocks I’d happily buy and hold forever
  5. 3 explosive fintech stars for future gains
  6. Gold miners crushed: Time to sell your shares?
  7. Why this investing legend dumped gold when Trump was elected

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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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