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ALL ORDINARIES finishes higher Wednesday: 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 Wednesday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.45% to 6,500.60
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.54% to 6,600.80
  • AUD/USD at US 67 cents
  • Gold at US$1,545.79 an ounce
  • Brent Oil at US$60.14 a barrel

The best-performing ASX 200 share today was the Appen Ltd (ASX: APX) share price, the AI and machine learning business rose by 10.7%.

The share price of buy now, pay later company Afterpay Touch Group Ltd (ASX: APT) went up by 9.3% after reporting more impressive growth in its FY19 result.

It was another very painful day for remote data business Speedcast International Ltd (ASX: SDA), its share price dropped another 33%.

Infant formula business Bellamy’s Australia Ltd (ASX: BAL) saw its share price decline 1.4% after reporting a fall in its FY19 profit.

The LiveHire Ltd (ASX: LVH) share price ended the day flat after it revealed its FY19 report to the ASX.

National Storage REIT (ASX: NSR) was another business to report today, its FY19 figures sent the share price higher by 1.3%.

The Macquarie Group Ltd (ASX: MQG) share price was unmoved after it went into a trading halt to raise at least $1 billion from investors to fund investment opportunities.

Finally, the share price of Virgin Australia Holdings Ltd (ASX: VAH) fell by 6% after reporting another difficult period for the airline.

Here are some of today’s top stories:    

This Tiny ASX Stock Could Be the Next Afterpay

One little-known Australian IPO has doubled in value since January, and renowned Australian Moonshot stock picker Anirban Mahanti sees a potential millionaire-maker in waiting...

Because 'Doc' Mahanti believes this fast-growing company has all the hallmarks of genuine Moonshot potential, forget 'buy now pay later', this stock could be the next hot stock on the ASX.

Doc and his team have published a detailed report on this tiny ASX stock. Find out how you can access what could be the NEXT Afterpay today!

Returns as of 6th October 2020

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO and Appen Ltd. The Motley Fool Australia has recommended Bellamy's Australia and National Storage REIT. 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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