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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: RMD) revenue 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:

 

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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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