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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.

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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