ALL ORDINARIES Index Down, Macquarie (ASX:MQG) Shares Rise


Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.15% at lunch.

The share price of Australian investment bank Macquarie Group Ltd (ASX: MQG) is up 3.3% at lunch after reporting its half year result and also predicting that profit will grow.

Shares of Orica Ltd (ASX: ORI) are up 5% after the explosives business revealed its FY18 result.

Greencross Limited (ASX: GXL) shares are currently in a trading halt after releasing a trading update and saying it could be a takeover target.

The lithium industry is showing the biggest gains in the ASX 200 with Orocobre Limited (ASX: ORE), Galaxy Resources Limited (ASX: GXY) and Pilbara Minerals Ltd (ASX: PLS) up 10.5%, 9.2% and 5.3% respectively.

Fund manager Janus Henderson Group (ASX: JHG) reported its third quarter profit result yesterday afternoon after the market had closed, the shares have fallen 4.7% despite reporting an increase in profit compared to last year’s September quarter.

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Jaz Harrison

Jaz Harrison

Jaz 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.