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ALL ORDINARIES Index Up, Afterpay (APT) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.46% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.46% at lunch.

The biggest gain so far today is Afterpay Touch Group Ltd (ASX: APT) which is up 10.7% after reporting its June 2018 quarter and expectations for the FY18 year. Afterpay revealed that total underlying sales in FY18 was $2.18 billion, 289% higher than FY17.

The South32 Ltd (ASX: S32) share price is up 1.68% after revealing its June 2018 quarter production, with records for manganese and aluminium.

Shares of Woodside Petroleum Limited (ASX: WPL) are down by 0.06% after revealing its own June 2018 production announcement.

Santos Ltd (ASX: STO) was another to release its June 2018 report and its shares have risen by 1% in response.

Another business to be up by more than 10% is contractor business Cimic Group Ltd (ASX: CIM), it showed investors that net profit was up by 12% in its half year result.

The Bega Cheese Ltd (ASX: BGA) share price is down 3.87%, giving up its gains from yesterday’s announcement of spending $250 million on a dairy processing facility.

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!

$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!)

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