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ALL ORDINARIES finishes higher Thursday: 8 shares you missed

ASX 200
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 0.18% to 6,118.70
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.19% to 6,215.90
  • AUD/USD at US 75 cents
  • Gold at US$1,312.70 an ounce
  • Brent Oil at US$77.89 a barrel

The best performance in the ASX200 came from Pendal Group Limited (ASX: PDL), which was formerly BT Investment Management. Its share price rose 6.4% today after reporting today.

Another company to report today was accounting software business Xero Limited (ASX: XRO), its share price went down 3.4% after the report wasn’t as good as expected.

The oil price continues to rise due to political fears in the Middle East. Oil Search Limited (ASX: OSH) was up 4.8% today and BHP Billiton Limited (ASX: BHP) went up 1.7%.

Investors seem particularly confident about Challenger Ltd’s (ASX: CGF) future after the budget, the annuity provider’s share price went up by 1.5%.

Things didn’t improve for Greencross Limited (ASX: GXL) shareholders as the pet business dropped another 7% today.

The market has soured on shareholder service provider Link Administration Holdings Ltd (ASX: LNK) after the budget, it dropped by 8.3%.

Finally, Lynas Corporation Ltd (ASX: LYC) fell by 4.6% after investors worried about what the Malaysian election will do to its local operations.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison owns shares of Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Greencross Limited. The Motley Fool Australia owns shares of Xero. 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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