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

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.11%.

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.11%.

Resource companies have been the best performers in the ASX200 this morning, with Western Areas Ltd (ASX: WSA) up by 6.58%, Resolute Mining Limited (ASX: RSG) up by 3.73% and Whitehaven Coal Ltd (ASX: WHC) up by 3.29%.

The worst performer from the ASX200 has been IPH Ltd (ASX: IPH), which has fallen by 3.03% so far.

Former darling GetSwift Ltd’s (ASX: GSW) shares are still suspended, which will leave shareholders wondering when it will next trade on the market.

Online retailer Kogan.Com Ltd (ASX: KGN) announced it would start selling life insurance and funeral insurance, the share price is up by 3.77% so far on the news.

The share prices of Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Group (ASX: WBC), National Australia Bank Ltd (ASX: NAB) and Australia and New Zealand Banking Group (ASX: ANZ) are all down on news that 75% of Big Bank financial planners failed best interest duty according to ASIC.

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Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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