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ALL ORDINARIES Index Rises, BHP (ASX:BHP) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.20% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.20% at lunch.

The country’s largest miners are driving the index higher with the BHP Billiton Limited (ASX: BHP) share price up nearly 1% and Rio Tinto Limited (ASX: RIO) also up nearly 1%.

Insurer Freedom Insurance Group Ltd (ASX: FIG) has seen its share price fall another 23% today after the company suspended selling any new insurance policies due to the Royal Commission.

The share price of shopping centre business Vicinity Centres Re Ltd (ASX: VCX) is down 1.5% after it announced it is selling 11 ‘regional and neighbourhood’ shopping centres for $631 million to Shopping Cntrs Austrls Prprty Gp Re Ltd (ASX: SCP).

Gold miners are among the biggest risers today with St Barbara Ltd (ASX: SBM) up by 6% and Evolution Mining Ltd (ASX: EVN) up by 3.6%.

Renewable energy generation business Infigen Energy Ltd (ASX: IFN) recovered from its price fall yesterday, it has risen 4.5%.

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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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