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ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

sinking ship

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Wednesday.

Here’s a quick recap of the Aussie market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.1%
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.1%
  • AUD/USD at US 78.70 cents
  • Gold at US$1,297 an ounce, down 1.1%
  • Oil at US$52.09 a barrel, down 0.25%

Amongst today’s gainers were shares of Fortescue Metals Group Limited (ASX: FMG) and Boral Limited (ASX: BLD), which rose 3.4%.

Fortescue, Australia’s third-largest iron ore mining company, did not announce any material news to the market but released its CISA presentation. In addition, iron ore prices rose strongly overnight after a few days of selling.

Shares of Rio Tinto Limited (ASX: RIO) were also amongst today’s gainers.

Further down the market, shares of Domino’s Pizza Enterprises Ltd (ASX: DMP) rebounded 2.7% while infant formula business a2 Milk Company Australia (ASX: A2M) kept its winning streak alive, rising 2.2%. A2 Milk shares have risen 237% in a year.

Down at the other end of the ASX, shares of QBE Insurance Group Ltd (ASX: QBE) fell 2.8%. Shares in the global insurance business have fallen more than 10% in six weeks.

Also losing ground today were shares of Nine Entertainment Co. Ltd (ASX: NEC) and Galaxy Resources Limited (ASX: GXY).

Here are today’s top stories:

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Motley Fool contributor Owen Raszkiewicz has no position in any of the stocks mentioned. You can follow Owen on Twitter @OwenRask.

The Motley Fool Australia owns shares of A2 Milk. 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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