ALL ORDINARIES finishes higher Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.17% to 5,761.40
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.08% to 5,863.70
  • AUD/USD at US 77 cents
  • Gold at US$1,334.43 an ounce
  • Brent Oil at US$67.87 a barrel

The best gains in the ASX200 today came from the infant formula companies, Bellamy’s Australia Ltd (ASX: BAL) rose by 7.12% and a2 Milk Company Ltd (ASX: A2M) went up by 5.09%.

Blue Sky Alternative Investments Ltd (ASX: BLA) returned to trading today and finished the day down 18.56% after responding to the Glaucus short report.

It was further bad news for Retail Food Group Limited (ASX: RFG) shareholders with the share price dropping by nearly 10%.

The G8 Education Ltd (ASX: GEM) share price went down 4.23% after two pieces of bad news, one of which was a downgrade from a broker.

Several miners had a strong day today after it was revealed some miners could get a cash injection. Sandfire Resources NL (ASX: SFR) was one of the biggest gainers, it went up by 4.25%.

CSR Limited (ASX: CSR) went up by 3.13% today after revealing a positive update yesterday and receiving a broker upgrade.

Finally, lithium miners continue to be volatile with Orocobre Limited (ASX: ORE) going down by 3.32%.

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 A2 Milk. The Motley Fool Australia has recommended G8 Education Limited. 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 Scott Phillips.

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