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Tuesday: What’s The All Ords Index Doing at Lunch?

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened positively in the green by 0.63%.
Lunch ASX update

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened positively in the green by 0.63%.

Investors have piled into Domain Holdings Australia Limited (ASX: DHG) this morning, the share price is up over 10% so far today, recovering a lot of the 17% drop yesterday after news came of the CEO’s departure.

The market was impressed by ResMed Inc. (CHESS)’s (ASX: RMD) sales update this morning, the share price has grown by a healthy 8.65%.

The Orica Ltd (ASX: ORI) share price has blasted higher by 5.1% on no news.

Australian Pharmaceutical Industries Ltd (ASX: API) has made investors a bit sick with its trading update yesterday, its share price has fallen by over 8%.

QBE Insurance Group Ltd (ASX: QBE) has disappointed the market with a profit downgrade, it has fallen 1% on the negative news.

The market is warming up to Yancoal Australia Ltd (ASX: YAL) after its quarterly production update yesterday, the share price is currently up by 3%.

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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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