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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.

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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