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ALL ORDINARIES finishes higher Tuesday: 8 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 0.75% to 6,037.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.74% to 6,151.10
  • AUD/USD at US 79.9 cents
  • Gold at US$1,333.15 an ounce
  • Brent Oil at US$69.38 a barrel

The ASX indices have recovered strongly today, with the ASX200 rising above the 6,000 level again.

The biggest rise in the ASX200 today came from Domain Holdings Australia Limited (ASX: DHG), it went up by 9.09%. The market probably thought yesterday’s fall was overdone and presented an opportunity.

Another major gain was by ResMed Inc. (CHESS) (ASX: RMD), it gave its quarterly update today. The market sent the share price up by 8.42%.

Lithium miner Pilbara Minerals Ltd’s (ASX: PLS) share price charged up for shareholders, it grew by 7.45%. Fellow commodity company Lynas Corporation Ltd (ASX: LYC) also had a good day, the share price rose by 7.45%.

To round off the top ASX200 performers, WiseTech Global Ltd (ASX: WTC) rose by 5.5%.

Australian Pharmaceutical Industries Ltd (ASX: API) shareholders seemed unimpressed by yesterday’s update, which is likely why the share price fell by 6.1% today.

QBE Insurance Group Ltd (ASX: QBE) finished the day down 0.57% after investors had to come to terms with another profit downgrade.

Finally, media company HT&E Ltd (ASX: HT1) saw its share price fall by 5% today on news that the ATO has issued amended tax assessments. The additional tax plus interest currently totals more than $100 million.

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 WiseTech Global. The Motley Fool Australia has recommended Australian Pharmaceutical Industries Limited and ResMed Inc. 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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