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ALL ORDINARIES finishes higher Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.29% to 6,054.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.29% to 6,168.80
  • AUD/USD at US 80 cents
  • Gold at US$1,333.55 an ounce
  • Brent Oil at US$69.82 a barrel

The ASX indices have strengthened further today, with the ASX200 cementing its level above 6,000.

The biggest rise in the ASX200 today came from QBE Insurance Group Ltd (ASX: QBE) which rose by 5.7% on news that the company may implement capital returns as it sells off parts of its business.

ASX200 companies Cochlear Limited (ASX: COH) and WiseTech Global Ltd (ASX: WTC) rose by 3.59% and 3.91% respectively on no news today, but shareholders will be happy.

The Macquarie Atlas Roads Limited (ASX: MQA) share price went up by 3.45% as the market reacted further to its toll revenue and traffic statistics update for the quarter.

Pot stock Hydroponics Company Ltd (ASX: THC) went up by 2.79% today on news that it has identified a Canadian business opportunity.

The share price of Swift Networks Group Ltd (ASX: SW1) rocketed upwards 9.3% today after it reported its half-year result.

St Barbara Ltd (ASX: SBM) was one of the worst performers in the ASX200 today, the gold miner fell by 4.16% on news of a broker downgrade.

The Murray River Organics Ltd (ASX: MRG) share price fell by over 10% today after another downgrade and then the shareholders removed the board.

Here are some of today’s top stories:

How this conglomerate has quietly doubled its share price in a year

Bill Gates Says This Could Be Worth “10 Microsofts”

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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 Cochlear Ltd. 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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