ALL ORDINARIES finishes higher Tuesday: 9 shares you missed

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

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.09% to 6,135.80
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.08% to 6,241.50
  • AUD/USD at US 78.6 cents
  • Gold at US$1,322.50 an ounce
  • Oil at US$61.90 a barrel

The biggest gain in the ASX200 today came from Sims Metal Management Ltd (ASX: SGM), which rose by 3.38%. Goldman Sachs revealed a positive note and maintained its conviction buy rating and set the price target at $17.74, higher than the current price of $17.42.

The iron ore price has reached its highest for a long time, hitting US$76.99 per ton. This has boosted Rio Tinto Limited’s (ASX: RIO) share price by 2.38% today.

Lithium miners continue to do well with Galaxy Resources Limited (ASX: GXY) and Pilbara Minerals Ltd (ASX: PLS) up by 3.16% and 2.70% respectively. Investors are betting big on electric vehicles becoming a huge part of everyday life in the future.

Noni B Limited (ASX: NBL) had a strong day today, thanks to a positive trading update. The share price finished up 4.47%.

The Livetiles Ltd (ASX: LVT) share price shot up 6% after announcing it will be working with the Clean Energy Smart Manufacturing Innovation Institute.

Retail Food Group Limited (ASX: RFG) downgraded its profit guidance for the half-year to 31 December 2017. Consequently, the share price fell by 6% today.

Finally, the pharmacy stocks of Sigma Healthcare Ltd (ASX: SIG) and Australian Pharmaceutical Industries Ltd (ASX: API) had bad days, falling by 6.09% and 5.18% respectively.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Retail Food Group Limited. The Motley Fool Australia has recommended Australian Pharmaceutical Industries Limited and LIVETILES FPO. 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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