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ALL ORDINARIES Index Up, Rio Tinto Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.34% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.34% at lunch.

Rio Tinto Limited (ASX: RIO) shares are up 1% after the miner was invited by Apple to come up with greenhouse gas free aluminium.

The REA Group Limited (ASX: REA) share price has risen almost 4% after reporting its March 2018 quarter result.

Media giant News Corp (ASX: NWS) has risen 0.76% after reporting its quarterly result.

Pendal Group Limited (ASX: PDL), formerly BT Investment Management, has increased by another 4.7% after reporting its half-year report yesterday.

Pet company Greencross Limited (ASX: GXL) has recovered by 3.6% so far today after announcing it would be making a number of provisions and impairments in its full-year result.

Under-fire financial services business AMP Limited (ASX: AMP) has dropped another 5.3% after investors worry it may lose some of its aligned advisers due to the Royal Commission.

Link Administration Holdings Ltd (ASX: LNK) has fallen by a further 3.2% after the government announced in the budget that low-fund, inactive, super accounts would be managed by the ATO.

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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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