3 ASX All Ordinaries shares rocketing over 10% today

The All Ordinaries index is having a decent session on Thursday. At the time of writing, the index is up 0.3%.

And while a green day is always welcome, this gain pales in comparison to what some ASX All Ordinaries shares are recording today.

Here are three ASX shares up over 10%:

AGL Energy Limited (ASX: AGL)

The AGL share price is currently up over 12% to $8.95. Investors have been snapping up the energy giant’s shares today in response to a very strong half-year update. The company reported a 20% decline in revenue to $6,183 million but a 358.6% increase in underlying profit after tax to $399 million. This strong profit growth was driven partly by higher wholesale electricity pricing from prior periods being reflected in pricing outcomes and contract positions. This allowed the company to increase its interim dividend by 225% to 26 cents per share.

Hutchison Telecommunications (Aus) Ltd (ASX: HTA)

The Hutchison Telecommunications share price is up a sizeable 12% to 2.8 cents today. Interestingly, this is despite there being no news out of the ASX All Ordinaries share this morning. Though, it is worth noting that the company’s shares are somewhat illiquid and only a small volume has been traded so far today.

Syrah Resources Ltd (ASX: SYR)

The Syrah share price is 12% to 50.5 cents. While there has been no news out of this graphite producer either, it certainly isn’t illiquid. A lot of shares have been changing hands today as investors continue to flood back into beaten down battery materials shares. This latest gain means that Syrah’s shares are now up by an impressive 29% since this time last week. Though, that still doesn’t change much on a 12-month basis. Over that period, the company’s shares are down approximately 75%.

The post 3 ASX All Ordinaries shares rocketing over 10% today appeared first on The Motley Fool Australia.

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More reading

• AGL share price rockets 15% after half-year profit surge
• 5 things to watch on the ASX 200 on Thursday
• These are the 10 most shorted ASX shares
• Why AGL, Arcadium Lithium, Chalice Mining, and Nickel Industries shares are falling
• Is the AGL share price a buy before its half-year results drop?

Motley Fool contributor James Mickleboro 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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