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S&P/ASX 200 ends Wednesday higher: 8 shares that moved the market

The S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) ended higher on Wednesday, with the Sydney Airport Holdings Ltd (ASX: SYD) share price, Gentrack Group Ltd (ASX: GTK) share price and Ramsay Health Care Limited (ASX: RHC) share price lifting the Aussie market.

Here’s a quick recap of global markets:

  • FTSE 100 (UK): up 0.7%
  • DAX (Germany): up 1.3%
  • CAC 40 (France): up 0.6%
  • Dow Jones (USA): up 0.7%
  • NASDAQ (USA): up 0.6%

Here’s today’s key stats:

  • ASX 200: up 0.9%
  • All Ordinaries (ASX: XAO) (Index: ^AXAO): up 0.9%
  • Gold price: up 0.17%
  • Copper: up 1.2%
  • WTI Crude Oil: up 1.2%
  • Iron ore: up 0.5% to $US82 per tonne, according to The Metal Bulletin

On the ASX, shares in Sydney Airport Holdings Ltd ended higher despite the retirement of long-serving Chief Executive Officer, Kerrie Mather.

At the smaller end of the ASX, kiwi software company Gentrack Group rallied as much as 10% today after the company announced the acquisition of UK-based Junifer.

Aerial imagery business, Nearmap Ltd (ASX: NEA), updated the market on its quarterly financial performance, sending the share price up more than 10%. Pot stock MMJ Phytotech Ltd (ASX: MMJ) shares also rallied after the company released a report stating that the Canadian Government will legalise recreational cannabis by July 2018.

At the other end of the ASX performance tables, Newcrest Mining Limited (ASX: NCM) shares ended in the red. Meanwhile, AP Eagers Ltd (ASX: APE) and Blackmores Limited (ASX: BKL) were amongst the biggest losers.

Here are Wednesday’s top stories:

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

The Motley Fool Australia owns shares of Nearmap Ltd. 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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