3 obscure ASX All Ords shares going gangbusters today

Why are these shares lifting today?

| More on:
Three businesspeople leap high with the CBD in the background.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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.

More on Share Gainers

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

Why Latin Resources, Newmont, Nick Scali, and ResMed shares are surging today

These ASX shares are ending the week strongly. But why?

Read more »

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

Let's also take a look at what the various ASX sectors were doing this Wednesday.

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Argosy Minerals, Immutep, Pointsbet, and Regis Resources shares are racing higher

These shares are having a strong session on Wednesday. But why?

Read more »

Businessman smiles with arms outstretched after receiving good news.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another strong showing from the share market today.

Read more »

A young woman holding her phone smiles broadly and looks excited, after receiving good news.
Share Gainers

Healthco Healthcare, Medadvisor, Ramsay Health Care, and Tamboran shares are rising

These shares are having a strong session. But why?

Read more »

drug capsule opening up to reveal dollar signs signifying rising asx share price
Share Gainers

If you invested $6,000 in Mesoblast shares a month ago you'd have $15,636 now!

Mesoblast shares have been on a tear this past month. But why?

Read more »

Smiling man working on his laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

It was back to the races for ASX shares today, in a confident start to the week.

Read more »

rising gold share price represented by a green arrow on piles of gold block
Share Gainers

Here are the top 10 ASX 200 shares today

It was a horrible way to end the trading week today for ASX investors.

Read more »