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ALL ORDINARIES Index Up, Crown (ASX:CWN) Shares Rocket

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.05% at lunch.

The Crown Resorts Ltd (ASX: CWN) share price has rocketed 20% in morning trade after the casino company confirmed it is in takeover discussion talks with Wynn Resorts. The Star Entertainment Group Ltd (ASX: SGR) share price is also up by 5.4%.

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The share price of Netwealth Group Ltd (ASX: NWL) is up another 1.5% this morning after confirming that it is the choice of ANZ Private to be its fintech supplier. However, the Praemium Ltd (ASX: PPS) share price is down another 5.3% because of the loss of ANZ Private as its client.

The rising oil price has boosted the Beach Energy Ltd (ASX: BPT) share price which is up nearly 4% at lunch.

The ASX technology businesses are getting a boost today. The Altium Limited (ASX: ALU) share price is up 2.6% and the Appen Ltd (ASX: APX) share price is up nearly 3%.

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$50,000 per year in passive income from shares? Yes, please!

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She 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.
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