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ALL ORDINARIES Index Down, Commonwealth Bank of Australia (CBA) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.36% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.36% at lunch.

Commonwealth Bank of Australia (ASX: CBA) shares are down 0.8% at lunch on global share market worries about the state of the Turkish economy and the Lira falling heavily.

The Capilano Honey Ltd (ASX: CZZ) share price is buzzing 24.8% higher after receiving a takeover offer and also reporting its FY18 result.

Another business pleasing investors is Domain Holdings Australia Ltd (ASX: DHG), it has risen 3.3% after revealing its FY18 report.

Retail giant Wesfarmers Ltd (ASX: WES) shares are currently down 0.12%, it announced it is selling Kmart Tyre and Auto for $350 million to Continental AG.

Regional bank Bendigo and Adelaide Bank Ltd (ASX: BEN) shares are down 0.13%, it revealed a bigger dividend in its FY18 report.

The share price of retailer JB Hi-Fi Limited (ASX: JBH) has risen by 1.58% after revealing profit growth that was better than the market was expecting.

Introducing The Australian Investors Podcast

Join The Rask Group’s founder, Owen Raszkiewicz, as he profiles Australia’s best investors, founders, authors and financial thinkers. Download it free on iTunesCastboxSoundCloud or wherever you choose to listen.

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$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.

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(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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