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BHP On-The-Up As The ALL ORDINARIES Index Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.49% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.49% at lunch. The BHP Billiton Limited (ASX: BHP) share price is one of the best performers so far today after it reported its March 2018 operational review of production numbers. The share price is up 3.08% at lunch.

Challenger Ltd (ASX: CGF) shares are down 1.62% after the fund manager revealed its March 2018 annuity sales and assets under management figures.

BHP spin-off South32 Ltd (ASX: S32) also reported its quarterly update today, the resources company’s share price is up 6.47%.

Alumina Limited (ASX: AWC) was another to reveal quarterly figures today, its shares are up 6.7%.

Resource companies are the winners today, Independence Group NL (ASX: IGO) is up 7.2% today in response to other company’s reports.

At the other end of the performance table, Australian Pharmaceutical Industries Ltd (ASX: API) is down nearly 3% after revealing a profit decline in its report and TPG Telecom Ltd (ASX: TPM) is down 2.5% on a broker downgrade.

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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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