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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 0.38% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.38% at lunch. Rio Tinto Limited (ASX: RIO) released its first quarter’s production this morning, the market liked what Rio reported and sent the share price up 1.6%.

The Nextdc Ltd (ASX: NXT) share price has gone up 4.41% in early trading after coming out of its trading halt, the data centre company is going to build three more centres – one in Sydney, one in Melbourne and one in Perth.

CYBG PLC CDI 1:1 (ASX: CYB), better known as Clydesdale and Yorkshire Bank, is down nearly 6% after it announced it had to increase its payment protection insurance (PPI) provision.

Investors clearly like the Credit Corp Group Limited (ASX: CCP) presentation this morning as the debt collector’s shares went up over 5% in response.

The ASX’s tech shares are making a strong recovery today with Altium Limited (ASX: ALU), Xero Limited (ASX: XRO) and WiseTech Global Ltd (ASX: WTC) all up by more than 3%.

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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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