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Wednesday: What’s The All Ords Index Doing at Lunch?

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened positively in the green by 0.28%.

QBE Insurance Group Ltd’s (ASX: QBE) share price has grown by 5.18% this morning as the market digests yesterday’s news and there are suggestions that it could start selling portions of its business like Australia and New Zealand Banking Group (ASX: ANZ) has done.

The market reacted further to ResMed Inc. (CHESS)’s (ASX: RMD) share price has grown by a further 2.84% today after its update yesterday.

Cochlear Limited (ASX: COH) also went up, it rose by 2.55%. The US government’s ending of the shutdown likely helped the price recover.

The gold miner St Barbara Ltd (ASX: SBM) is the biggest drop in the ASX200 so far, it’s down by 3.9% with the gold price down by a little.

Finance technology company Hub24 Ltd’s (ASX: HUB) share price is up 3.55% because the market was impressed with its quarterly funds under administration update.

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