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ALL ORDINARIES finishes higher Thursday: 10 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 Thursday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.33% to 5,881.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.34% to 5,976.40
  • AUD/USD at US 78 cents
  • Gold at US$1,350.70 an ounce
  • Brent Oil at US$74 a barrel

It’s been a big day of company updates today.

The best performer in the ASX200 came from Western Areas Ltd (ASX: WSA), the market really liked its Mt Alexander nickel-copper sulphide update and sent the share price 7.8% higher.

Another top performer was Alumina Limited (ASX: AWC), the Alcoa quarterly earnings release saw the share price soar up 7.09%.

BHP Billiton Limited (ASX: BHP) was another resource share to release its quarterly result, the big Australian’s share price went up 2.83% on the news of its large copper production ramp up.

Annuity leader Challenger Ltd (ASX: CGF) revealed asset under management growth of 3% in its quarterly result, but annuity sales growth has slowed, leading to the share price dropping by 3.14%.

Queensland Bauxite Ltd (ASX: QBL) has been successful in getting hemp products to be sold at Coles, leading to the share price rising by 25.5%.

The Fairfax Media Limited (ASX: FXJ) share price finished the day 5.34% higher with rumours that Seven West Media Ltd (ASX: SWM) could be considering a takeover offer, Seven went up 3.03%.

Nextdc Ltd (ASX: NXT) declined by 3.1% today on more legal issues surrounding its leases.

Resource company South32 Ltd (ASX: S32) pleased investors with its quarterly update, its share price went up 4.58%.

Finally, Australian Pharmaceutical Industries Ltd (ASX: API) delivered its half-year report today showing a decline in underlying profit, the share price dropped by 2.33%.

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. 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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