3 obscure ASX All Ords shares going gangbusters today

Why are these shares lifting today?

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Key points

  • These three ASX All Ords shares are soaring ahead today 
  • The All Ords Index is 0.29% in the green 
  • The companies are in sectors ranging from mining to financial and online learning 

The All Ordinaries Index (ASX: XAO) is 0.29% in the green today, but these three ASX All Ords shares are charging higher.

3P Learning Ltd (ASX: 3PL), OM Holdings Limited (ASX: OMH), and GQG Partners Inc (ASX: GQG) shares are all surging today.

Let's take a look at what is impacting these ASX All Ords shares.

OM Holdings

OM Holdings shares were leaping by 19% earlier in the day. They have since pulled back but are still 12.06% higher than Thursday's close, at 76.2 cents. For comparison, the S&P/ASX 200 Materials Index (ASX: XMJ) is 1.79% in the green today.

OM Holdings produces ferrosilicon (FeSi) and manganese. In a presentation late last week, the company advised it is on track to meet its 2022 production guidance of 340 to 360 kilotonnes per annum.

In the September quarter, the company's FeSi production lifted by 6%. However, manganese allow production fell by 11.1%.

3P Learning

3P Learning shares are currently soaring by 13.15% to $1.42, having earlier been up almost 19%.

The ASX All Ords share is a global online education company providing e-learning programs in mathematics, spelling, reading, phonics, and literacy.

Overnight, news emerged the global online tutoring market could reach US $19.47 billion by 2030 at a compound annual growth rate of 13.5%. Online learning demand has soared since COVID-19 school closures.

3P Learning will hold an AGM on 16 November in Sydney.

GQG Partners

Global asset management firm GQG Partners shares are currently leaping 6.57% today to $1.46. For perspective, the ASX 200 Financials Index (ASX: XFJ) is 0.49% in the red today.

The GQG Partners Global Equity Fund holds shares in Exxon Mobil Corp, UnitedHealth Group, AstraZeneca, and HDFC Bank, among other shares.

In an article yesterday, my Foolish colleague Tristan recommended investors buy the GQG partners share price. He highlighted this ASX dividend share aims to distribute 90% of its earnings to investors.

The ASX All Ords share declared total dividends of US$0.0182 per share on 18 October.

Motley Fool contributor Monica O'Shea has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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