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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.

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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Rask Invest Research Team

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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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.

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