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Rio Tinto Is Boosting The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.44% at lunch.
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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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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.44% at lunch. The Rio Tinto Limited (ASX: RIO) share price is up by 1.97% after news came that President Donald Trump may yet want to enter the Trans-Pacific Partnership.

The Blue Sky Alternatives Access Fund Ltd (ASX: BAF) share price has dropped 1.62% this morning after giving a lot more details about the underlying funds it is invested in through Blue Sky Alternative Investments Ltd (ASX: BLA).

Fletcher Building Limited (ASX: FBU) has gone up almost 10% after there was market speculation that Wesfarmers Ltd (ASX: WES) could be considering making an investment in the building company.

Another takeover target could be Infigen Energy Ltd (ASX: IFN), the renewable energy company blew 8.4% higher by midday.

Finally, Seven West Media Ltd (ASX: SWM) has gone up by nearly 10% after it won the cricket rights from Nine Entertainment Co Holdings Ltd (ASX: NEC).

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