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ALL ORDINARIES Index Rises, BHP Shares Climb

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.28% at lunch.

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Australia’s share market

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, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.28% at lunch.

One of the main contributors to the index rising is the recovery of the BHP Billiton Limited (ASX: BHP) share price, it is up by 1.89%, along with Rio Tinto Limited (ASX: RIO) which has risen by 2.23%.

Metcash Limited (ASX: MTS) disappointed investors with the share price down 3.08% after announcing it would make a large impairment charge to its balance sheet.

The market has sent the Retail Food Group Limited (ASX: RFG) share price down 3.95% after it unveiled its profit guidance for FY18 yesterday.

Investors have also sent the franchisor Domino’s Pizza Enterprises Ltd. (ASX: DMP) down by 3.33% as well.

The top-performing ASX200 share today so far is Xero Limited (ASX: XRO), the cloud accounting software company is up 4.07%.

Transurban Group’s (ASX: TCL) share price is down 0.26% after reaching financial close on the acquisition of the A25.

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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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