Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.21% at lunch.
Two of Australia’s biggest businesses are boosting the index this morning. Commonwealth Bank of Australia (ASX: CBA) has risen by 1.32% and BHP Billiton Limited (ASX: BHP) shares have increased by 2.13%.
It has also been a green start for large iron ore business Rio Tinto Limited (ASX: RIO) which is up 1.43%.
The share price of Magellan Financial Group Ltd (ASX: MFG) is up almost 2% after revealing its June 2018 monthly funds under management and its expected performance fees for the 2018 financial year.
Independence Group NL (ASX: IGO) shares went up 1.73% after releasing its 2018 metal production results.
The Vocus Group Ltd (ASX: VOC) share price is up 1.7% after two of its directors resigned, which means more board chance for the telco.
The share price of listed investment company WAM Leaders Ltd (ASX: WLE) is up nearly 1% after announcing what its final dividend payment for FY18 would be.
Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.
That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.
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