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ALL ORDINARIES finishes higher Tuesday: 8 shares you missed

Credit: Cimexus

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 0.60% to 5,855.90
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.63% to 5,957.00
  • AUD/USD at US 78.7 cents
  • Gold at US$1,318.27 an ounce
  • Brent Oil at US$62.91 a barrel

The ASX indices have recovered somewhat today, with both indices closing the gap to 6,000. A lot of companies have reported today, here’s how the market reacted to some of them.

Annuity giant Challenger Ltd (ASX: CGF) reported its half-year result today, with normalised net profit after tax growing by 6%. The share price finished the day slightly down by 0.16%.

Transurban Group (ASX: TCL) reported another strong result of growing traffic and toll revenue. The share price declined by 0.18%.

MNF Group Ltd (ASX: MNF) reported strong underlying growth, but investors were expecting more, the share price dropped by 8.18% today.

Cochlear Limited (ASX: COH) shareholders were not surprised by what they heard from its report, the Cochlear share price finished essentially flat, it dropped by 0.03%.

Lithium miners had a great day as they charged up the ASX’s returns. Pilbara Minerals Ltd (ASX: PLS) increased by 9.43%, Galaxy Resources Limited (ASX: GXY) increased by 7.17% and Orocobre Limited (ASX: ORE) rose by 6.92%.

Finally, the Praemium Ltd (ASX: PPS) share price recovered by 4.65% today after its report yesterday.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and MNF Group Limited. The Motley Fool Australia has recommended Cochlear Ltd. and Transurban Group. 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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