MENU

ALL ORDINARIES finishes higher Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.37% to 5,896.90
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.39% to 5,982.00
  • AUD/USD at US 73 cents
  • Gold at US$1,225.05 an ounce
  • Brent Oil at US$71.91 a barrel

The best-performing ASX 200 share today was renewable energy business Infigen Energy Ltd (ASX: IFN), its share price went up 11.8%.

The share price of Worleyparsons Limited (ASX: WOR) rose 10.5% today after giving investors a couple of updates about its capital raising and new contracts.

Shares of Syrah Resources Ltd (ASX: SYR) rose 8.7% after announcing a new sales agreement with a Chinese business.

The share price of Webjet Limited (ASX: WEB) fell 7.6% today after returning to trading, it recently announced a capital raising and an acquisition.

Commonwealth Bank of Australia (ASX: CBA) shares rose 0.6% after reporting its first quarter trading update.

The Kogan.Com Ltd (ASX: KGN) share price fell 3.5% today after announcing the launch of Kogan Super.

The share price of Magellan Financial Group Ltd (ASX: MFG) rose 2.5% after reporting a FUM fall but continued inflows.

Finally, lithium business the Galaxy Resources Limited (ASX: GXY) share price rose 5.3% today, marking a strong day for the sector.

Here are some of today’s top stories:

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Atlassian.

We’ve found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Kogan.com ltd and Webjet Ltd. 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.