Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

Telstra Is Weighing On The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.70% at lunch. Telstra Corporation Ltd (ASX: TLS) shares are down 1.9%.
Picture of Jaz Harrison

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.
More analysis

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.70% at lunch. Telstra Corporation Ltd (ASX: TLS) is down 1.9% at lunchtime, according to Google Finance.

Gold miners are some of the biggest risers in the ASX200 this morning in response to market uncertainty after Donald Trump fired Rex Tillerson, his old Secretary of State.

St Barbara Ltd (ASX: SBM) is up by 2.53%, the Regis Resources Limited (ASX: RRL) share price has grown by 2.47% and Saracen Mineral Holdings Limited (ASX: SAR) has risen by 2.43%.

It’s also been a green day so far for lithium miners. Orocobre Limited (ASX: ORE) is up by 2.71% and Galaxy Resources Limited (ASX: GXY) has grown by 2.5%.

The biggest fall in the ASX200 so far belongs to Seven West Media Ltd (ASX: SWM), it has fallen by 4.79% today with Nine Entertainment Co Holdings Ltd (ASX: NEC) supposedly winning the TV ratings war in recent months. Nine’s share price is down 1.96% today, however, Nine’s share price has risen by 105% over the past year.

Also in the news, Big Un Ltd (ASX: BIG) announced yesterday that company secretaries, David Conley and Elissa Lippiatt, have resigned. They will be replaced by Mr Francis Farmakidis. Read more here.

Join Rask’s Investor Club Newsletter Today

You can join Rask’s FREE investor’s club newsletter today for all of the latest news and education on investing. Join today – it doesn’t cost a thing. BUT, you’ll need a good sense of humour and a willingness to learn.

Join today.

Disclaimer: This article contains general information only. It is no substitute for licensed financial advice and should not be relied upon. By using our website you agree to our Disclaimer & Terms of Use and Privacy Policy.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Latest stories

Free passive income report
Skip to content