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

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the green by 0.40%.

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the green by 0.40%.

Today’s biggest news today is that Commonwealth Bank of Australia (ASX: CBA) has announced who its new CEO will be.

The biggest winners in the ASX200 today have been resource companies, Orocobre Limited (ASX: ORE) is up by 6.97% and Iluka Resources Limited (ASX: ILU) is up by 5.05%.

Investors are further reacting positively to ResMed Inc’s. (CHESS) (ASX: RMDrevenue update last week, the share price is currently up by 3.61%.

One of the worst performers today has been Atlas Iron Limited (ASX: AGO), it has fallen by 16% after providing a trading update and its quarterly production report.

Shareholders of gold stocks haven’t had a golden start to the week. The share price of Northern Star Resources Ltd (ASX: NST) is down 5.83%, Regis Resources Limited (ASX: RRL) is down 4.56%, Saracen Mineral Holdings Limited (ASX: SAR) is down 3.79% and St Barbara Ltd (ASX: SBM) is down by 2.99%.

Keeping reading:

 

Disclaimer: This article contains general information only. It is no substitute for licensed financial advice. By using our website you agree to our Disclaimer & Terms of Use and Privacy Policy.

Better investing starts here.

Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best  insights.

Skip to content