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ALL ORDINARIES Index Up, Suncorp (SUN) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.26% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.26% at lunch.

The largest gain in the ASX 20 so far today is Suncorp Group Ltd (ASX: SUN), it’s up 4.7% after the insurance giant reported its FY18 result to the market.

Gold miner Newcrest Mining Limited (ASX: NCM) shares are up 1.3% despite announcing it would likely write off $260 million in the upcoming result.

Magellan Financial Group Ltd (ASX: MFG) impressed the market with its FY18 report, the globally-focused fund manager’s shares are currently up 14%.

Investors didn’t like what was packed in Orora Ltd’s (ASX: ORA) result, the share price has fallen 4.7% in response to it.

Energy giant AGL Energy Ltd’s (ASX: AGL) share price is down 3.84% after revealing a sizeable increasing to its profit and dividend in its report.

 Mirvac Group (ASX: MGR) has seen its share price fall 1.06% this morning after revealing that revenue had fallen.

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Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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