Australia’s share market, 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.
Like Finance & Investing? Claim A Free Investing eBook
If you like investing and want to learn more you should know it’s free to join The Rask Group’s Investor Club Newsletter and receive a free Australian investing ebook! Join today, claim your free ebook, and get ready to laugh and learn.
Click here to join The Rask Group’s Investor Club Newsletter Today