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ALL ORDINARIES Index Up, CBA Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.63% at lunch.

The biggest contributor to the index performing well is Commonwealth Bank of Australia (ASX: CBA), its share price is up 1.22% after revealing that it had settled with AUSTRAC for $700 million.

However, the best-performing share in the ASX200 today is CYBG Plc (ASX: CYB), it’s up 5.2% after giving a revised offering for Virgin Money.

Two of the other strongest performers today are lithium miners. The Galaxy Resources Limited (ASX: GXY) share price is up 4.44% and the Orocobre Limited (ASX: ORE) share price has risen by 3.55%.

Kogon.Com Ltd (ASX: KGN) shares are up 3% after announcing it is going to enter the white goods and built-in kitchen appliance markets. JB Hi-Fi Limited (ASX: JBH) shares are down 3.14% in response.

The MYOB Group Ltd (ASX: MYO) share price has fallen a further 2.44% after stepping away from the Reckon Limited (ASX: RKN) deal.

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