Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

ALL ORDINARIES Index Down, Rio Tinto Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.29% at lunch.
Picture of Jaz Harrison

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.
More analysis

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.29% at lunch.

The two largest reasons why the index has fallen are that Rio Tinto Limited (ASX: RIO) is down 1.7% and BHP Billiton Limited (ASX: BHP) is down 1.14%.

Retail Food Group Limited (ASX: RFG) is the worst ASX200 performer so far, it’s down 7% after giving investors profit guidance for FY18.

The strongest performer in the ASX200 is A2 Milk Company Ltd (ASX: A2M), it is up 5% after Blackrock became a substantial shareholder.

Praemium Ltd (ASX: PPS) is up nearly 1% after investment bank Morgan Stanley chose the fintech company to be its managed accounts software provider.

Tech companies Xero Limited (ASX: XRO) and WiseTech Global Ltd (ASX: WTC) are two of the best performers so far, they are up 3.14% and 4.04% respectively.

Online retail Kogan.Com Ltd (ASX: KGN) has dropped 12% this morning after news came from the AFR that brokers were looking for a buyer of 10% of the shares.

Like Finance & Investing? Claim A Free Investing eBook

If you like investing and want to learn more you should know it’s free to join The Rask Group’s Investor Club Newsletter and receive a free Australian investing ebook! Join today, claim your free ebook, and get ready to laugh and learn.

Click here to join The Rask Group’s Investor Club Newsletter Today

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Latest stories

Free passive income report
Skip to content