
BHP & Rio Lead ALL ORDINARIES Lower On Wednesday
Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed lower on Wednesday, dragged down by miners like BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO).
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Morgan Housel

Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed lower on Wednesday, dragged down by miners like BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO).

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Wednesday.

Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed lower on Tuesday despite gains from Bellamy’s Australia Ltd (ASX:BAL) and a2 Milk Company Ltd (Australia) (ASX: A2M).

Bellamy’s Australia Ltd (ASX:BAL) shares bounced 24% higher on Tuesday following a profit guidance upgrade.

This morning, Rio Tinto Limited (ASX:RIO) released its quarterly production numbers and CEO, J-S Jacques, is optimistic.

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Tuesday.

Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) closed firmly higher on Monday, lead higher by gains in miners like Newcrest Mining Limited (ASX:NCM) and Rio Tinto Limited (ASX:RIO).

Newcrest Mining Limited (ASX:NCM) shares have joined fellow ASX-listed gold miners Evolution Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX:NST) in rallying, following a jump in gold prices.

Vocus Group Ltd (ASX: VOC), the owner of telecommunications brands like Dodo, iPrimus, Commander and more, today announced a chop and change of its sprawling organisation.
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