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 0.12% to 6,091.90
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.12% to 6,183.20
  • AUD/USD at US 75 cents
  • Gold at US$1,315.10 an ounce
  • Brent Oil at US$75.55 a barrel

The best performing share in the ASX200 was Platinum Asset Management Limited (ASX: PTM), it went up 8.6% after it received an upgrade from a broker and reported higher funds under management in April.

IPH Ltd (ASX: IPH) was another top performer as it announced an on-market buy-back of its shares. The share price went up 7.25%.

The Healthscope Ltd (ASX: HSO) share price increased by another 3.3% today after a Canadian REIT took up a 10% stake in Healthscope and wants to buy Healthscope’s real estate.

The shareholders of Blue Sky Alternative Investments Ltd (ASX: BLA) continue to suffer, it dropped by 5.2% after the AFR reported Blue Sky had been charging for undrawn loans.

Baby Bunting Group Ltd’s (ASX: BBN) share price fell by 1.5% today after confirming its profit is likely to be lower than predicted this year after two of its competitors entered administration.

The Nufarm Limited (ASX: NUF) share price fell 0.9% after announcing a profit downgrade to investors.

CYBG PLC/IDR UNRESTR (ASX: CYB), better known as Clydesdale Bank and Yorkshire Banking Group, has made a $3 billion bid for Virgin Money in the UK. Its share price fell by 2.3% today.

Finally, Eclipx Group Ltd (ASX: ECX) fell by 4.5% after announcing its half-year result to investors.

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 and has recommended IPH Ltd. The Motley Fool Australia owns shares of Platinum Investment Management 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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