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ALL ORDINARIES Index Up, BHP Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.34% at lunch.

The BHP Billiton Limited (ASX: BHP) share price is up 1.8% after international share markets did well overnight.

Cloud accounting software company Xero Limited (ASX: XRO) reported its annual result this morning, the share price has risen 0.6% in response, with the share price up around 20% over the past month.

The AMP Limited (ASX: AMP) share price is down 1% after it was announced that class actions had been lodged against the financial company.

Another share to report today is Pendal Group Limited (ASX: PDL), formerly BT Investment management, its net profit rose by 30% to a record $114.5 million. The market appears to like the result, with the share price up 7.77% today.

Oil company Woodside Petroleum Limited (ASX: WPL) is currently up 3.86% with the oil price hitting US$77.67 due to the latest political problems with Iran and Syria.

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