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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