ASX review on Wednesday: 11 shares you should have been watching

The Vita Group share price managed a strong rebound on Wednesday

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The BHP Billiton Limited (ASX: BHP) share price was among those that benefited from a rise in the oil price today, while iron ore managed a small rebound as well. The broader market did dip towards the end of the session, but ultimately ended the day on a high note.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.3% to 5876 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.3% to 5915 points
  • AUD/USD at US 75.64 cents
  • Iron Ore at US$79.45.93 a tonne, according to the Metal Bulletin
  • Gold at US$1,255.16 an ounce
  • Brent oil at US$54.41 a barrel

The rise in the price of coal also likely contributed to BHP's 3.5% jump. That said, the Whitehaven Coal Ltd (ASX: WHC) share price declined 0.6% for the day, reversing some of yesterday's returns.

Metcash Limited (ASX: MTS) also retreated today, down 4.9%, while the G8 Education Ltd (ASX: GEM) share price and Seven West Media Ltd (ASX: SWM) share price slipped 4.3% and 5.1%, respectively.

The Vita Group Limited (ASX: VTG) share price managed a strong resurgence after it collapsed on Tuesday. The share price rebounded 8.3% today, ending the session at $2.75.

The Galaxy Resources Ltd (ASX GXY) share price was among the biggest winners today, rising 7.2%. Bellamy's Australia Ltd (ASX: BAL) backed up yesterday's strong performance with another rally today as well, lifting 3.4% for the session.

Other shares that performed well today were St Barbara Ltd (ASX: SBM), up 3.6%, South32 Ltd (ASX: S32), up 3.5%, and Sky Network Television Ltd (ASX: SKT), which rose 3.2%.

Here are Wednesday's top stories:

  1. In your 50's? Here's 3 blue chip shares
  2. Why these 4 ASX shares have SMASHED the market today
  3. 5 ASX tech shares you've never heard of
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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