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Wednesday: 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 0.28%.
Lunch ASX update

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened positively in the green by 0.28%.

QBE Insurance Group Ltd’s (ASX: QBE) share price has grown by 5.18% this morning as the market digests yesterday’s news and there are suggestions that it could start selling portions of its business like Australia and New Zealand Banking Group (ASX: ANZ) has done.

The market reacted further to ResMed Inc. (CHESS)’s (ASX: RMD) share price has grown by a further 2.84% today after its update yesterday.

Cochlear Limited (ASX: COH) also went up, it rose by 2.55%. The US government’s ending of the shutdown likely helped the price recover.

The gold miner St Barbara Ltd (ASX: SBM) is the biggest drop in the ASX200 so far, it’s down by 3.9% with the gold price down by a little.

Finance technology company Hub24 Ltd’s (ASX: HUB) share price is up 3.55% because the market was impressed with its quarterly funds under administration update.

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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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