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ALL ORDINARIES Index (XAO) Rises, City Chic (ASX:CCX) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.52% at lunch.

The share price of City Chic Collective Ltd (ASX: CCX) is up around 3% after the plus-size retailer announced it was in prime position to buy the e-commerce assets of a US-based plus-size retailer.

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Woolworths Group Ltd (ASX: WOW) shares are up 0.5% as investors learned that it’s having a dispute with Arnott’s about pricing.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is up 1% with the media reporting about its rebranding exercise and trying to build Sydney pride.

Metal businesses are some of the worst performers at lunch, the Sims Metal Management Ltd (ASX: SGM) share price is down almost 3% and the BlueScope Steel Limited (ASX: BSL) share price is down 1.7%.

Leading the ASX 200 is the share price of Idp Education Ltd (ASX: IEL) which is up 3.3%, whereas the Clinuvel Pharmaceuticals Limited (ASX: CUV) share price is down 3%.

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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.

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