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ALL ORDINARIES Index Rises, Macquarie (MQG) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.
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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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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.

The largest rise among the blue chips is Macquarie Group Ltd (ASX: MQG), it has gone up by 2.88% after hiring a former Tesla executive.

The share prices of several retail businesses have fallen today after Amazon announced that it was launching Amazon Prime. The largest fall among the retailers was Super Retail Group Ltd (ASX: SUL), it’s down by 3.71%. Another to register a fairly sizeable drop is Harvey Norman Holdings Limited (ASX: HVN), its share price has fallen 2.45%.

Insurance Australia Group Ltd (ASX: IAG) has gone up by 2.8% after announcing the sale of its Asian insurance operations.

The largest gain in the ASX 200 is Idp Education Ltd (ASX: IEL), it has gone up 4.8%.

Australia’s currency continues to weaken against the US Dollar (USD), which is likely boosting some ASX shares with significant currency exposure, such as CSL Limited (ASX: CSL) which is currently up 2.8%.

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