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ALL ORDINARIES Index Up, NAB Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.26% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.26% at lunch.

National Australia Bank Ltd (ASX: NAB) is the biggest contributor to the index’s rise so far today, it’s up around 1% as the Royal Commission continues.

Construction company Brickworks Limited (ASX: BKW) is down 0.63% after announcing it could sell a property for $41 million later this year.

Galaxy Resources Limited (ASX: GXY) is charging up returns for investors, the lithium company is up 11.7% so far after announcing it is selling land for $371 million.

Another share to be rising today is Collection House Limited (ASX: CLH), the debt collector is up 6% after upgrading its purchased debt ledgers guidance again due to the Royal Commission.

Praemium Ltd (ASX: PPS) is up 0.7% after the investment administration company confirmed JBWere had extended its contract for a further two years.

The share price of franchisor Retail Food Group Limited (ASX: RFG) is up 9% after announcing a new CEO.

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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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