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ALL ORDINARIES finishes higher Thursday: 10 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.11% to 6,077.10
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.16% to 6,185.40
  • AUD/USD at US 78.3 cents
  • Gold at US$1,322.30 an ounce
  • Oil at US$61.49 a barrel

The pot stock industry got a huge boost today with news that the Federal Government will allow the export of cannabis-based medicines. Consequently Auscann Group Holdings Ltd (ASX: AC8) went up 53.66%, Creso Pharma Ltd (ASX: CPH) rose 20.6%, Cann Group Ltd (ASX: CAN) rose by 35.42% and Hydroponics Company Ltd (ASX: THC) rose by 30.77%.

Oil companies Oil Search Limited (ASX: OSH) and Beach Energy Ltd (ASX: BPT) had a good day with both of them rising by around 3.5% thanks to the oil price growing strongly during the last day.

Altium Limited (ASX: ALU) was one of the other top performers in the ASX200 today, rising by 2.95%. With no news out of the company it could be investors wanting a piece of the exciting tech company.

Gold miners had a bad day today with St Barbara Ltd (ASX: SBM), Saracen Mineral Holdings Limited (ASX: SAR) and Evolution Mining Limited (ASX: EVN) falling by 4.85%, 4.23% and 2.94%.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Altium. The Motley Fool Australia owns shares of Altium. 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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