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ASX Friday Lunchtime Market Update

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is slightly down, it's currently 0.08% in the red.

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is slightly down, it’s currently 0.08% in the red.

The Flight Centre Travel Group Ltd (ASX: FLT) share price is flying today thanks to a broker upgrade, it’s currently soaring 5.74% higher. It’s the top performer in the ASX200 so far.

Infigen Energy Ltd (ASX: IFN) is powering ahead, it has gained 3.85% today at lunchtime.

Speedcast international Limited (ASX: SDA) announced an agreement with Noble Drilling today, which sent the share price higher by 3.39%.

Embattled food franchisor Retail Food Group Limited (ASX: RFG) has fallen by almost 6% today because it could soon be facing a class action.

Lithium miners have continued their large fall because some market analysts believe supply could outstrip demand this year. Galaxy Resources Limited (ASX: GXY) is down by over 8%, Orocobre Limited (ASX: ORE) is down by almost 7% and Pilbara Minerals Ltd (ASX: PLS) is down by 6.47%.

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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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