The All Ordinaries Index (ASX: XAO) made a modest gain on Friday, closing 0.21% higher at 7,354.7 points.

Most of the sector indices finished in the green today, although the S&P/ASX 200 Energy Index (ASX: XEJ) was the worst performer, closing 0.39% lower.

The top indices were the S&P/ASX 200 Telecommunication Services Index (ASX: XTJ), which gained 0.81%, and the S&P/ASX 200 Industrials Index (ASX: XNJ), closing 88% higher.

Let’s discover which ASX All Ords thrashed these mediocre results by the market on Friday.

Arafura Rare Earths Ltd (ASX: ARU)

The Arafura share price closed 13.58% higher to 46 cents apiece.

There’s no fresh news to explain why Arafura’s share price rallied strongly today.

However, its shares have been on a bull run since Wednesday, when they gained 17.14% in a single trading session. The momentum from this massive green candle may have carried over into the price action today.

Arafura’s rally this week follows the mineral explorer‘s announcement on Tuesday that it had received approval for its mining management plan to get its Nolans project off the ground in the Northern Territory.

The agreement authorises Arafura to legally operate its Nolans project with the end goal of producing rare earth elements (REE) neodymium and praseodymium (NdPr).

Audio Pixels Holdings Ltd (ASX: AKP)

The Audio Pixels share price also had a great run, surging 9.65% to close at $12.50 on Friday.

Like Arafura, Audio Pixels also had no announcements to report on today.

In fact, its most recent update came on 28 October when it posted its quarterly activities and cash flow report.

The digital speaker developer advised it used $1.23 million in operating activities for the reported period and $3.69 million over the last nine months.

Taking into account its cash balance and cash burn rate, Audio Pixels has an estimated 1.6 quarters of funding available.

One highlight of Audio Pixel’s operations is that it’s working towards making its product suitable for mass production.

BCI Minerals Ltd (ASX: BCI)

And finally, the BCI Minerals share price rocketed on Friday. It gained a hefty 10.6% to 26 cents per share.

Again, like the other shares on this list, the company had no news to report today, despite its share price surging into the green.

BCI Mineral’s most recent announcement was posted on 28 October in the form of its September 2022 quarterly report.

The company reported its Iron Valley mine contributed $3.5 million in earnings before interest, taxes, depreciation, and amortisation (EBITDA) during the reported period.

It also finished the quarter with a strong balance sheet. BCI Minerals said it has no debt on its books but has $188 million in cash.

This balance sheet, alongside $100 million in convertible notes, will mean BCI Minerals will not need to take on additional debt to fund its construction projects for its Iron Valley mine.

The post 3 ASX All Ords shares that had a cracking run on Friday appeared first on The Motley Fool Australia.

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More reading

• Why Arafura, Nanosonics, NextDC, and OZ Minerals shares are rising today
• Why is the Arafura Rare Earths share price rocketing 16% on Wednesday?
• Why Arafura, Nufarm, Pilbara Minerals, and Whitehaven Coal are charging higher
• What’s going on with the Arafura share price today?
• Why did the Arafura share price surge over 7% higher on Friday?

Motley Fool contributor Matthew Farley 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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ASX 200 gold shares had a tough run on the market today.

Gold shares include Newcrest Mining Ltd (ASX: NCM), Northern Star Resources Ltd (ASX: NST) and Evolution Mining Ltd (ASX: EVN).

Let’s take a look at what may have impacted ASX 200 gold shares today.

What happened?

The Newcrest Mining share price fell 0.99% today, while Northern Star Resources shares dropped 0.6%. Meanwhile, the Evolution Mining share price was flat today. In contrast, the S&P/ASX 200 Index (ASX: XJO) climbed 0.23% today.

This follows the gold price falling overnight. Spot gold fell 0.65% to US$1,764 an ounce.

Newcrest, Northern Star and Evolution are all major gold producers.

Gold prices fell amid a stronger US dollar and treasury yields rising. Fear of interest rate rises impacted the US dollar.

Commenting on the gold price in a research note today, ANZ senior economist Adelaide Timbrell said:

Gold edge lower amid further hawkish comments from the Fed. James Bullard called for the Fed to raise rates to at least 5.00–5.25%, calling it a minimum level of ‘sufficiently restrictive’.

St Louis Federal Reserve president and CEO James Bullard, speaking at an economic event in Louisville Kentucky, indicated rates could rise by up to 7%.

Commenting further on Bullard’s remarks, ANZ’s Timbrell added:

The USD climbed following his comments, and bond yields rose. This weighed in investor demand, with spot gold declining nearly 1%.

Meanwhile, Northern Star provided an exploration update to the market this week. The company said it has spent $48 million on FY23 exploration to date. Ongoing exploration has highlighted significant “life of mine” extension potential.

Managing director Stuart Tonkin said:

Our exploration team has made a strong start to FY23, advancing some exciting early-stage prospects across our global tier-1 portfolio as well as expanding beyond known areas of mineralisation.

Newcrest announced this week that the Brucejack mine in Canada has resumed operations. The mine shut in October following a fatality at the mine. The FY23 production guidance for the mine remains unchanged.

Share price snapshot

The Newcrest Mining share price has fallen 24% in the past year, while Northern Star Resources shares have descended nearly 5% in the last 52 weeks.

Evolution Mining shares have descended nearly 42% in the last year.

For perspective, the ASX 200 has fallen 3% in the last year.

The post Why did ASX 200 gold shares lag the index today? appeared first on The Motley Fool Australia.

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More reading

• Is a weak US dollar good for ASX 200 mining shares?
• 5 things to watch on the ASX 200 on Friday
• 5 things to watch on the ASX 200 on Thursday
• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday

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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The Woodside Energy Group Ltd (ASX: WDS) share price finished today slightly in the red.

Woodside shares fell 0.81% to $37.89. For perspective, the S&P/ASX 200 Index (ASX: XJO) lifted 0.23% today.

Let’s take a look at what may have weighed on the Woodside share price.

What happened?

Woodside shares may have struggled today after the oil price fell overnight.

Brent crude oil fell 3.3% to US$89.78 a barrel, while US WTI oil dropped 4.6% to US $81.64 a barrel overnight.

Oil prices fell amid interest rate hike fears in the United States and higher COVID-19 cases impacting demand in China, Reuters reported.

Commenting on the oil price BOK Financial senior vice president of trading Dennis Kissler told the publication:

It’s kind of a triple whammy. We’ve got COVID-19 cases rising in China, interest rates are continuing to rise here in the U.S. and now we’ve got technical weakness in the market.

However, oil prices have since recovered some of their losses. WTI Crude Oil is up 0.92% on the previous session to US $82.39 a barrel, while Brent Crude Oil is climbing 0.7% to US$90.41 a barrel at last look.

Meanwhile, the US government is preparing to issue guidance on a Russian oil price cap, according to another report on Reuters.

This aims to stop Russia from profiting from higher oil prices. The cap would be applied by the United States, Group of Seven allies and Australia.

Woodside produced a record total production of 51.2 MMboe in the third quarter of the 2022 calendar year.

The company achieved an average realised price of $102 per barrel of oil equivalent. Woodside is also a major gas producer. The natural gas price is currently down 0.3% to US$6.35 per MMBtu.

Woodside share price snapshot

The Woodside share price has exploded 73% in the year to date, while it has surged 72% in the past year.

For perspective, the ASX 200 has fallen 3% in the last year.

Woodside has a market capitalisation of nearly $72 billion based on the current share price.

The post Why did the Woodside share price lag the ASX 200 today? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Friday
• Which stocks are in the Vanguard Australian Shares Index ETF (VAS) right now?
• How to have your ASX 200 dividend cake and eat it too
• 5 things to watch on the ASX 200 on Wednesday
• Up 80% in 2022, is the Woodside share price ‘nearing its peak’?

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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The S&P/ASX 200 Index (ASX: XJO) ended the week in the green. The index closed Friday’s session 0.23% higher at 7,151.8 points. That marks a week-on-week fall of 0.09%.

That was despite a weak performance from the S&P/ASX 200 Energy Index (ASX: XEJ). It slumped 0.4% amid tumbling oil prices.

The Brent crude oil price fell 3.3% to US$89.78 a barrel overnight and the US Nymex crude oil price dumped 4.6% to trade at US$81.64 a barrel.

Fortunately, the energy sector’s suffering was offset by gains across the S&P/ASX 200 Industrials Index (ASX: XNJ), the S&P/ASX 200 Communications Index (ASX: XTJ), and the S&P/ASX 200 Utilities Index (ASX: XUJ). They lifted 0.9%, 0.8%, and 0.7% respectively

Meanwhile, the S&P/ASX 200 Materials Index (ASX: XMJ) traded flat amid news OZ Minerals Limited (ASX: OZL) will likely accept BHP Group Ltd (ASX: BHP)’s increased takeover bid.

All in all, seven of the ASX 200’s 11 sectors closed in the green. But which share outperformed all others to close the week on a high? Keep reading to find out.

Top 10 ASX 200 shares countdown

It might come as no surprise that the stock topping the lot on Friday was OZ Minerals.

It returned to trade this morning after a two-day trading halt on news BHP upped its bid for the company to $28.25.

Today’s biggest gains were made by these shares:

ASX-listed company	Share price	Price change
OZ Minerals Limited (ASX: OZL)	$27.34	3.95%
NIB Holdings Limited (ASX: NHF)	$7.12	3.19%
Seven Group Holdings Ltd (ASX: SVW)	$20.27	3.05%
Ampol Ltd (ASX: ALD)	$28.82	2.89%
De Grey Mining Limited (ASX: DEG)	$1.265	2.85%
Grancorp Ltd (ASX: GNC)	$8.05	2.81%
Fisher & Paykel Healthcare Corp Ltd (ASX: FPH)	$18.91	2.72%
United Malt Group Ltd (ASX: UMG)	$3.14	2.61%
ASX Limited (ASX: ASX)	$72.80	2.54%
Fortescue Metals Group Limited (ASX: FMG)	$19.96	2.36%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• Are BHP shares in the buy zone following the latest OZ Minerals news?
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Why Arafura, Nanosonics, NextDC, and OZ Minerals shares are rising today
• NIB share price surges ahead as profits soar 31%
• Considering CSL shares? Broker says this other ASX 200 healthcare share has 30% upside

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 recommended NIB Holdings Limited. 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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