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9 shares you should have been watching on Wednesday

The local share market trended lower today, despite the best efforts of the CYBG PLC CDI 1:1 (ASX: CYB) share price.

Here’s a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.5% to 5744 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.4% to 5794 points
  • AUD/USD at US 79.61 cents
  • Iron Ore at US$73.56 a tonne, according to the Metal Bulletin
  • Gold at US$1,265.65 an ounce
  • Brent oil at US$51.32 a barrel

CYBG, or Clydesdale Bank, reported its third-quarter trading results after the market closed on Tuesday, reporting solid mortgage growth of 5.8% (annualised) for the nine months to 30 June. The share price rose 7.2% today.

The iSentia Group Ltd (ASX: ISD) share price and Freelancer Ltd (ASX: FLN) share price both bounced back today, as well, following yesterday’s thrashing. The pair rose 3.7% and 4%.

Other companies that produced strong returns today include Qantas Airways Limited (ASX: QAN), up 3.5%, Genworth Mortgage Insurance Australia (ASX: GMA), up 6%, and Asaleo Care Ltd (ASX: AHY), up 3.6%.

The BWP Trust (ASX: BWP) unit price, on the other hand, slipped 1.7% following its full-year earnings results. ResMed Inc. (CHESS) (ASX: RMD) shares dropped 5.7% and Navitas Limited (ASX: NVT) dipped 3.4%.

Here are Tuesday’s top stories:

  1. Here are Tuesday’s top stories:
  2. JP Morgan just slapped a $20 share price target on SEEK Limited

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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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