The Motley Fool

ASX 200 soars: 13 shares you should have been watching

The local share market rocketed higher today, propelled by a strong performance from international markets overnight. The miners rose strongly, as did the major banks.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 1.2% to 5543 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 1.1% to 5599 points
  • AUD/USD at US 74.89 cents
  • Iron Ore at US$82.25 a tonne, according to the Metal Bulletin
  • Gold at US$1,177.03 an ounce
  • Brent oil at US$53.00 a barrel

Rio Tinto Limited (ASX: RIO) helped propel the ASX 200 to a strong gain today. The miner’s shares rose 3.1%, with BHP Billiton Limited (ASX: BHP) up 1.2%.

Meanwhile, Fortescue Metals Group Limited (ASX: FMG) announced it had become the lowest cost seaborne supplier of iron ore into China. Its shares rose 1.7%.

Australia and New Zealand Banking Group (ASX: ANZ) gained 2.5% as well. Westpac Banking Corp (ASX: WBC) climbed 2.1%.

Insurance business QBE Insurance Group Ltd (ASX: QBE) lifted 4.9%, while Insurance Australia Group Ltd (ASX: IAG) climbed 4.5%.

Ardent Leisure Group (ASX: AAD) was among the market’s best today. It gained 4.2%. Independence Group NL (ASX: IGO) lifted 1.2% as well, and AMP Limited (ASX: AMP) rose 3.7%.

The aged care operators didn’t fare so well. Estia Health Ltd (ASX: EHE) fell 3.3% and Regis Healthcare Ltd (ASX: REG) shed 0.7%.

Dorsavi Ltd (ASX: DVL) also fell 8.5%.

Here are Thursday’s top stories:

  1. Slater & Gordon Limited shareholders could face wipeout
  2. 3 small cap growth stocks for a big 2017
  3. 3 stocking fillers for smart investors this Christmas
  4. Don’t JUMP off this ASX dividend machine!
  5. Iron ore price hits 2-year high: Will the bubble burst in 2017?
  6. 4 shares to own in an Australian Recession
  7. 5 small-cap shares I’m tipping to shine in 2017

If you're looking for great investing ideas today…

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 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.

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.7% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.