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ALL ORDINARIES Index Down, NAB Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.05% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.05% at lunch.

Australia’s big banks are leading the index down. National Australia Bank Ltd (ASX: NAB) is down 1.27%, Commonwealth Bank of Australia (ASX: CBA) has fallen 1.15% and Westpac Banking Corp (ASX: WBC) has fallen 1.09%.

However, resource shares are in the green with South32 Ltd (ASX: S32) up 0.84% and BHP Billiton Limited (ASX: BHP) up 0.5%.

Reporting season is well underway. REIT BWP Trust (ASX: BWP) is down 1.66% after giving investors its FY18 result.

The Xero Limited (ASX: XRO) share price is up 2.3% after announcing to the market an acquisition called Hubdoc.

Among the top performers in the ASX 200 index is ALS Ltd (ASX: ALQ), it is up by over 9% after giving guidance for the first half of FY19.

The business that is currently most in the red is Janus Henderson Group (ASX: JHG) which is down 8% after giving investors its result this morning.

$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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