ALL ORDINARIES Index Rises, BHP Billiton (BHP) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.60% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.60% at lunch.

The biggest contributor to the index’s positive start to the day is BHP Billiton Limited (ASX: BHP). The resources giant is up by more than 3% with commodity prices improving overnight.

Shares of Bega Cheese Ltd (ASX: BGA) have gained almost 2% this morning after announcing it would spend $250 million on a dairy processing facility in Victoria.

Investors seem to be more positive on USA-related businesses on the ASX with Appen Ltd (ASX: APX) and Altium Limited (ASX: ALU) up by more than 1% whilst Afterpay Touch Group Ltd (ASX: APT) is up by 4.2%.

Listed investment company Bki Investment Co Ltd (ASX: BKI) reported its financial results today showing a 1% increase to the dividend.

Education business Navitas Limited (ASX: NVT) is down 6.6% after announcing the closure of some of its segments.

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Reporting Season
ASX vs The World: What’s Next?

The numbers are in.
The headlines have run.
The market has reacted.

Now the bigger question:

Is the ASX strengthening — or falling further behind global markets like the US and China?


In this final session of our reporting season series, we zoom out.

We’ll examine what the latest earnings tell us about Australia’s position in the world — and whether local investors should lean in, tilt globally, or simplify with ETFs.

Join Owen Rask and Leigh Gant this coming Monday, 12pm AEDT.

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