ALL ORDINARIES finishes higher Wednesday: 9 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) higher 1.16% to 6,172.60
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 1.06% to 6,274.60
  • AUD/USD at US 74 cents
  • Gold at US$1,276.95 an ounce
  • Brent Oil at US$75.47 a barrel

The best-performing ASX200 share today was logistics technology company WiseTech Global Ltd (ASX: WTC), it finished the day up 5.7%.

The big news of the day was Telstra Corporation Ltd’s (ASX: TLS) investor day with the announcement of 8,000 job cuts, indeed it appears the telco is betting heavily on 5G for its future.

Futuristic construction company Fastbrick Robotics Ltd (ASX: FBR) finished the day flat after signing an agreement with Mexican developer GP Vivienda.

Sydney Airport Holdings Ltd (ASX: SYD) shares went up by 0.7% after revealing more passenger growth.

The Vocus Group Ltd (ASX: VOC) share price fell by 2.66% despite a subsea contract cable win.

Gold miners were some of the worst ASX200 performers with Saracen Mineral Holdings Limited (ASX: SAR) down by 3.59% and Resolute Mining Limited (ASX: RSG) dropping by 3.1%.

To round off some of today’s gains, dairy-related businesses Bega Cheese Ltd (ASX: BGA) and Bellamy’s Australia Ltd (ASX: BAL) went up 3.58% and 4.51% respectively.

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 Sydney Airport Holdings Limited, Telstra Limited, and Vocus Communications Limited. The Motley Fool Australia owns shares of WiseTech Global. 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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