MENU

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) 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.

5 ASX Stocks for Building Wealth After 50

I just read that Warren Buffett, the world’s best investor, made over 99% of his massive fortune after his 50th birthday.

It just goes to show you… it’s never too late to start securing your financial future.

And Motley Fool Chief Investment Advisor Scott Phillips just released a brand-new report that reveals five of our favourite ASX stocks for building wealth after 50.

– Each company boasts strong growth prospects over the next 3 to 5 years…

– Most importantly each pays a generous dividend, fully franked.

Simply click here to find out how you can claim your FREE copy of “5 ASX Stocks for Building Wealth After 50.”

See the stocks now