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ALL ORDINARIES Index Up, BHP Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.

One of the largest contributors to the index’s gain is that resource giant BHP Billiton Limited (ASX: BHP) has gone up by 1.2%.

The Kogan.Com Ltd (ASX: KGN) share price has fallen 9.4% after releasing its result for the final quarter, with revenue growth for FY18 expected to be around 40%.

Pinnacle Investment Management Group Ltd (ASX: PNI) shares are currently in a trading halt after announcing two acquisitions and a capital raising of $60 million.

The share that has gone up the most in the ASX 200 so far is Lynas Corporation Ltd (ASX: LYC), it’s up by a further 9.6%.

Shares of Treasury Wine Estates Ltd (ASX: TWE) are also up around 4.2%.

The Resolute Mining Limited (ASX: RSG) share price is up 0.15% after revealing to the market its quarterly production report for June 2018.

The worst performer in the ASX 200 is Infigen Energy Ltd (ASX: IFN), the renewable energy generation company is down 3% at midday.

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