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ASX Friday Lunchtime Market Update

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO) has started the day slightly in the green.

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO) has started the day slightly in the green.

The lithium companies are charging up for investors today. Galaxy Resources Limited (ASX: GXY) is reaching for the stars, it’s up 6.78% so far today. Orocobre Limited (ASX: ORE) is up 4.57% and Pilbara Minerals Ltd (ASX: PLS) is up 4.12%.

Incitec Pivot Ltd’s (ASX: IPL) share price has fallen nearly 4% this morning on news that Roy Hill Iron Ore will not go ahead with its contract.

The worst performance in the ASX200 this morning came from Fairfax Media Limited (ASX: FXJ) with the share price down by almost 5%.

The Australia and New Zealand Banking Group (ASX: ANZ) share price has fallen by 0.56% so far today on news that it won’t be selling UDC Finance to HNA Group.

Fianlly, the Qantas Airways Limited (ASX: QAN) share price is flying for shareholders with the price taking off by 2.86% at lunchtime.

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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