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ALL ORDINARIES Index Rises, CSL Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.61% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.61% at lunch.

The largest gainer out of Australia’s blue chips is CSL Limited (ASX: CSL), the healthcare company is up nearly 2% at midday. Commonwealth Bank of Australia (ASX: CBA) is another on the rise, it has gained 1.4%.

Shares of a2 Milk Company Ltd (ASX: A2M) are down 1.2% after the company gave updated guidance for the FY18 result.

In other news, the share price of funeral operator InvoCare Limited (ASX: IVC) rose another 3.74% today after the company announced an acquisition.

The oil price fell over night, leading to Beach Energy Ltd’s (ASX: BPT) share price falling by 3.11% at the time of writing.

Origin Energy Ltd (ASX: ORG) shares are down by 2.83% after the ACCC made several recommendations to reduce energy prices for households.

The biggest gain in the ASX 200 was from healthcare business Sonic Healthcare Limited (ASX: SHL) it’s up 5.4%.

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.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

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