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ALL ORDINARIES Index Down, Fortescue (ASX:FMG) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.18% at lunch.

The Fortescue Metals Group Limited (ASX: FMG) share price is down over 8% after going ex-dividend.

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The share price of IOOF Holdings Limited (ASX: IFL) is down 4.7% as investors react to the latest update regarding the APRA process.

Serko Ltd (ASX: SKO) shares are down 1.9% after the New Zealand travel software business released its full year report.

Shares of SKYCITY Entertainment Group Limited (ASX: SKC) are up 0.8% with the company announcing it was going to set up an online casino gaming operation.

The Pro Medicus Limited (ASX: PME) share price is up another 4.5% as investors clamour to get hold of shares of the hot business.

The construction industry continues to gain confidence after the election with the Adelaide Brighton Ltd. (ASX: ABC) share price up 4.6%.

Leading the ASX is the share price of lithium miner Pilbara Minerals Ltd (ASX: PLS) which is up 5.8%.

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

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

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