Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 1.48% at lunch.
The BHP Group Ltd (ASX: BHP) share price is up 3.3%, it is the share that is contributing the most to the index’s rise.
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Other blue chips are also in the green including Woodside Petroleum Limited (ASX: WPL) shares which are up 1.9% and Macquarie Group Ltd (ASX: MQG) shares are up 1.95%.
The share price of donation business Pushpay Holdings Ltd (ASX: PPH) is up 5.2%, it announced that it has reached cash flow breakeven in the December 2018 quarter.
Shares of healthcare business Healius Ltd (ASX: HLS) are down 3.3% with the Board declining the initial interest takeover approach by Jangho because it undervalues the business and its strategic initiatives.
Resource businesses are leading the ASX index higher. Some of the shares that have gone up more than 8% are Emeco Holdings Limited (ASX: EHL), Syrah Resources Ltd (ASX: SYR) and Orocobre Limited (ASX: ORE).
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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).