Australia’s share market
, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.02% at lunch.
The blue chip that is helping slightly edge the index into the green is Australia and New Zealand Banking Group (ASX: ANZ) which is 0.7% higher.
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The Rio Tinto Limited (ASX: RIO) share price is up 0.56% with the mining giant announcing the next stage of its investment in its Resolution copper project based in Arizona in the US.
Shares of National Australia Bank Ltd (ASX: NAB) are up only 0.36% with reports that the major bank has been losing market share of refinancing to its banking competitors.
The share price of IOOF Holdings Limited (ASX: IFL) is up 0.6% despite the diversified financials business announcing at the end of last week that it was being sued.
Iluka Resources Limited (ASX: ILU) shares are down 0.66% in early trade after the commodity business revealed its March 2019 quarterly report to investors.
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