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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 0.58% to 6,050.20
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.60% to 6,136.70
  • AUD/USD at US 75 cents
  • Gold at US$1,310.66 an ounce
  • Brent Oil at US$73.53 a barrel

The Qantas Airways Limited (ASX: QAN) share price soared 8.1% higher today after the company revealed its revenue and profit guidance.

Another business to drive the share price higher was ARB Corporation Limited (ASX: ARB), it went up 6% after it revealed even more sales growth.

Natural skincare business BWX Limited (ASX: BWX) saw its share price go up a beautiful 5.3% after making a presentation about its progress.

InvoCare Limited (ASX: IVC) suffered a fall of 7.2% today after telling the market that FY18’s operating earnings are now likely to decline compared to FY17.

The softening housing market is having a negative effect on Gateway Lifestyle Group (ASX: GTY) with the retirement village operator taking longer to settle property sales, investors sent the share price down 9% in response.

Annuity provider Challenger Ltd (ASX: CGF) was another company to make a presentation to investors today, its share price rose 4% by the end of trade.

The Ramsay Health Care Limited (ASX: RHC) share price nudged 1% higher today after announcing it was launching a global joint venture procurement company.

Finally, JB Hi-Fi Limited (ASX: JBH) plunged by almost 9% after admitting that profit would be under its previous guidance.

Here are some of today’s top stories:

5 stocks under $5

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Motley Fool contributor Tristan Harrison owns shares of BWX Limited, Challenger Limited, InvoCare Limited, and Ramsay Health Care Limited. The Motley Fool Australia owns shares of and has recommended BWX Limited and Challenger Limited. The Motley Fool Australia has recommended ARB Limited and Ramsay Health Care 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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