The All Ordinaries Index (ASX: XAO) is tumbling on Friday, but not all shares that call the index home are suffering.
Right now, the All Ordinaries is down 0.61% following a rough night on Wall Street.
Major New York indices tumbled overnight amid concerns about further rate hikes. The Dow Jones Industrial Average Index (DJX: .DJI) fell 2.25%, the S&P 500 Index (SP: .INX) plunged 2.5%, and the Nasdaq Composite Index (NASDAQ: .IXIC) plummeted 3.2%. Â
Fortunately for ASX fans, there are plenty of pockets of green on the Aussie bourse today.
Weâve rounded up three that are positively outperforming â beating the index by as much as 4.6%.
3 ASX All Ordinaries shares taking off today
The All Ordinaries is tumbling today, but its downturn hasnât upset the Catapult Group International Ltd (ASX: CAT) share price.
The sports analytics technology companyâs stock is leaping 2.7% to trade at 76 cents at the time of writing.
Itâs the second day in a row the stock has posted a notable gain. It lifted 4.2% in Thursdayâs session. Thereâs been no news from the company since November.
Meanwhile, the 4.03% gain posted by the Aurizon Holdings Ltd (ASX: AZJ) share price is easier to explain. The All Ordinaries company announced itâs found a buyer for its East Cost Rail business â and it’s expecting to walk away with $425 million cash.
The sale of the business was a condition imposed by the competition watchdog on Aurizonâs acquisition of One Rail Australia earlier this year.
Right now, the Aurizon share price is $3.87.
Finally, the share price of All Ordinaries mineral developer BCI Minerals Ltd (ASX: BCI) is outperforming the broader market, gaining 1.92% to trade at 26.5 cents.
Like Catapult before it, thereâs been no news from the stock to explain its Friday rise.
However, itâs worth mentioning the minerals share has been relatively volatile lately. It gained on Monday and Wednesday this week and posted falls on Tuesday and Thursday.
The post 3 ASX All Ordinaries shares smashing the market on Friday appeared first on The Motley Fool Australia.
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More reading
- Why Aurizon, Norwest, Rio Tinto, and Strike Energy shares are rising today
- Here are the top 10 ASX 200 shares today
- 3 ASX All Ords shares that had a cracking run on Friday
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 positions in and has recommended Catapult Group International. The Motley Fool Australia has positions in and has recommended Catapult Group International. The Motley Fool Australia has recommended Aurizon. 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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