Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.24% at lunch.
One of the main contributors to the index currently showing an increase is the Rio Tinto Limited (ASX: RIO) share price which is up 1.5%.
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Shares of Bubs Australia Ltd (ASX: BUB) have gone into a trading halt. The goat infant formula company is going to announce a capital raising and acquisition to the market in the near future.
The SKYCITY Entertainment Group Limited (ASX: SKC) share price is up just over 0.5% with the casino company confirming the sale of its Darwin Australia business for $188 million. The Little Mindil property (with a book value of $11 million) which is located next to the Darwin site will be sold separately.
Gold miners are facing red across the board with the share market’s recovery today. The worst performer is the Saracen Mineral Holdings Limited (ASX: SAR) share price which is down 4.2%.
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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).
At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.