3 ASX All Ordinaries shares that soared more than 9% today
Here’s what drove these shares to rocket higher on Thursday.
Brooke has been a Motley Fool contributor since early 2021. She holds a Bachelor of Communication with specialisations in journalism and international studies from Charles Sturt University. Brooke aims to inform and excite Aussies keen to grow their wealth by investing in ASX companies. When not writing or researching, you’ll likely find Brooke gallivanting around South East Queensland.
Latest posts by Brooke Cooper (see all)
- Better ASX rare earths buy: Iluka or Lynas shares? — June 13, 2023
- A bull market is coming: Here’s Warren Buffett’s investing advice to help you cash in on it — June 11, 2023
- 40 years old with no savings? Here’s your path to $1 million in retirement with ASX shares — June 10, 2023
Published April 28, 2022 5:15 pm AEST
| More on: AMPCCXSMR
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
The All Ordinaries Index (ASX: XAO) recovered from a disastrous 4-session, 4.3% tumble today, recording its first gain of the week with the help of these shares.
They each gained more than 9% today. Impressively, some have managed to chalk up the upwards move without uttering a single word of news.
The All Ordinaries Index gained 1.26% today.
Let’s take a look at what boosted these 3 stocks more than 9% higher.
3 ASX All Ordinaries shares recording massive gains
Stanmore Resources Ltd (ASX: SMR)
The Stanmore Resources share price recorded an 11.39% gain to close at $2.25 on Thursday. In fact, at its highest point, the coal miner’s shares were trading 16.3% higher than their previous close.
Interestingly, there’s been no news from the energy stock today. On top of that, the S&P/ASX 200 Energy Index (ASX: XEJ) recorded a modest rise of just 0.96%.
The sector’s buoyancy on Thursday might have been due to reporting by Reuters. According to the publication, India has urged its states to increase coal imports in a bid to boost inventories.
The move would likely see already inflated coal prices increase further. That would likely be good news to coal producers’ bottom lines.
City Chic Collective Ltd (ASX: CCX)
Another ASX All Ordinaries share to silently record a gain of more than 9% on Thursday is City Chic.
The clothing retailer’s stock surged 9.49% to close at $3. The stock also soared 5.38% on Wednesday on the release of a positive trading update.
Over the 17 weeks between 27 December and 24 April, the company’s total sales increased 25% year-on-year.
AMP Ltd (ASX: AMP)
Finally, All Ordinaries giant, AMP, saw its share price rocket 13.17% on Thursday to $1.16 on the back of more divestment news.
The embattled financial services company announced that it’s found a buyer for the final leg of its Collimate Capital business.
DigitalBridge has agreed to pay up to $699 million for the international infrastructure equity business, $462 million of which will come in the form of an upfront cash payment to AMP.
The news came just a day after AMP announced that it was selling Collimate’s real estate and domestic infrastructure business to Dexus Property Group (ASX: DXS).
AMP is planning to use the funds from the sales to pay off its debt and conduct a capital return.
Motley Fool contributor Brooke Cooper 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 Bruce Jackson.
More on Share Gainers
Share Gainers
These were the best-performing ASX 200 shares in March
March 29, 2024 | James Mickleboro
These shares made their shareholders smile in March thanks to some very big gains.
Share Gainers
Here are the top 10 ASX 200 shares today
March 28, 2024 | Sebastian Bowen
It was a massive day for the ASX 200, with a new all-time high recorded.
Technology Shares
This ASX tech stock rocketed 60% in March! Can it keep on delivering?
March 28, 2024 | Bernd Struben
After soaring in March, the ASX tech stock is now up 169% since this time last year.
Share Gainers
Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping
March 28, 2024 | James Mickleboro
These ASX shares are ending the week strongly. But why?
Share Gainers
3 ASX All Ords shares up 50%+ in March
March 28, 2024 | James Mickleboro
These ASX shares have been on fire this month. But why?
Share Gainers
Why Mesoblast, Patriot Battery Metals, Sigma, and Zip shares are pushing higher
March 27, 2024 | James Mickleboro
These shares are having a good session on hump day. But why?
Consumer Staples & Discretionary Shares
If you’d put $20,000 in this ASX retail stock at the start of 2023, you’d have $134,000 now
March 27, 2024 | Tony Yoo
This online retailer has executed a remarkable turnaround for its investors.
Share Gainers
Here are the top 10 ASX 200 shares today
March 26, 2024 | Sebastian Bowen
It was back to earth for ASX shares this Tuesday.
Browse Articles by Category
- How To Invest
- Dividend Investing
- Resources Shares
- Retail Shares
- Bank Shares
- Tech Shares
- Healthcare Shares
- Energy Shares
- Blue Chip Shares
- Small Caps
- ETFs
- 52 Week Highs
- Motley Fool’s Take Stock
- Motley Fool In The Media
- Ask A Fund Manager
How can the Fool help you?
Sign Up for Take Stock
Investment news, stock ideas, and more, straight to your inbox.
Get Started Investing
You can do it. Learn about investing with our Investing Education hub.
Win at Retirement
Our latest articles and strategies for the post-work life you want.
Listen to Our Podcast
Hear our experts take on shares, the market & how to invest.
Join Our Premium Community
Join our flagship membership service, Share Advisor.
Follow The Fool!
Satisfaction Guaranteed!
The Motley Fool stands behind our products and our membership-fee-back guarantee. If for any reason you are not 100% satisfied with your premium subscription, simply notify us within the first 30 days and you won’t pay a cent.
Automatic Renewal
By taking up this offer, you will also be enrolled in our auto-renewal program, which is our way of making your ongoing subscription easier by ensuring uninterrupted service. Don’t worry, though – you’re not locked in, and can cancel your auto-renewal at any time before each ‘anniversary’ date without question or penalty.
About The Motley Fool Australia
Our Purpose
To make the world Smarter, Happier, And Richer
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians.
- ASX 200 Chart
- All Ords Chart
- News
- Education
- Retirement
- Services
- Fool Careers
- Contact Us
- Financial Services Guide
- Privacy Policy
- Terms of Service
- Subscription Terms of Service
- Manage Account
Stay connected
Sign up for our free «Take Stock» email.
This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. The Motley Fool Australia operates under AFSL 400691. For more information please see our Financial Services Guide. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. The Motley Fool Australia does not guarantee the performance of, or returns on any investment.
We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations.
© 2010 — 2023 The Motley Fool Australia Pty Ltd. All rights reserved.
ACN: 146 988 052
Australian Financial Services Licence (AFSL): 400691
The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217
Contact Details:
Phone: (03) 8592 4841
Email: [email protected]
Our friendly customer service team will happily get back to you as soon as they can.
Notifications
Wondering where you should invest $1,000 right now?
Scott Phillips just released his 5 best stocks to buy right now and you could grab the names of these stocks instantly! Learn More
https://www.fool.com.au/2022/04/28/3-asx-all-ordinaries-shares-that-soared-more-than-10-today/
