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Australian Share Market and All Ordinaries Index Closes Higher Wednesday

The Australian share market, including the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and All Ordinaries (INDEXASX:XAO)(ASX:XAO), closed higher on Wednesday.
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The Rask Invest research team produces daily ASX news and research on ASX-listed companies and funds. Join the conversation inside the free investor community. Click here to have your say.
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The Australian share market, including the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and All Ordinaries (INDEXASX: XAO)(ASX: XAO) closed higher on Wednesday.

Biggest Movers

Biggest Losers

Amongst the major banks, shares of Commonwealth Bank of Australia (ASX: CBA) rose 0.34% while National Australia Bank Ltd. (ASX: NAB) closed 0.4% lower.

Outside the share market, Bitcoin, the popular digital trading instrument, lost 15% of its value in less than three days, according to Coindesk. The fall in price follows a call by bitcoin.com Co-Founder Emil Oldenburg who told Breakit, “The old bitcoin network is as good as unusable.” Read more here.

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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 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.

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Passive income guidebook

5%+ in passive income

Owen Rask’s investing report available

With bond ETFs like ASX:IAF and the S&P 500 riding high, now could be one of the best times to start earning passive income from a portfolio of shares and ETFs.

In this free analyst report, our Chief Investment Officer, Owen Rask, names 10 ASX stocks and ETFs to watch.

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

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