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

You Rode the Blue Chip Bull Market, Now Get 2 New Share Picks Every Month

There's a fantastic way to get 2 new share picks aimed at beating the market every month.

And, not to alarm you, but you're about to miss a major event. You see, our trusted team of analysts and are about to release our very next "buy alert." If history is any guide, this is the perfect time to seize your financial future.

Simply click here to get started

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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.