A jump in Westpac Banking Corp (ASX: WBC) shares helped the ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index finish higher on Thursday.
All Ordinaries: up 0.9% at 6,198 points
ASX 200: up 0.9% at 6,090 points
Here are the shares which moved the market today.
Biggest Gainers
- Seven Group Holdings Ltd (ASX: SVW) – up 4%
- Xero Limited (ASX: XRO) – up 11%
- GUD Holdings Limited (ASX: GUD) – up 4%
Biggest Losers
- Virgin Australia (ASX: VAH) – down 3.7%
- Telstra Corporation Ltd (ASX: TLS) – down 0.8%
- Godfreys Group Ltd (ASX: GFY) – down 16%
Shares of the Big Four banks ended higher today, with Westpac Bank climbing 1.5% despite no news being released by the bank.
Shares of National Australia Bank Ltd. (ASX: NAB) ended the day 0.6% higher after Fairfax Media reported that Australia’s fourth-largest bank will integrate its software with accounting software company Xero. Xero shares jumped 11% on the news.
Shares of BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) ended up 1.5% and 1.1%, respectively.
Further down the market and GUD Holdings shares bounced 4% today. GUD Holdings is the $1 billion company behind automotive brands like Narva, Ryco, Projecta and Wesfil; it also owns the Davey pumps and water pressure business.
Yesterday, GUD Holdings filed its half-year financial results with the ASX, revealing an 11% increase in revenue and a dividend of 24 cents per share (fully franked).
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