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ALL ORDINARIES Index Up, CSL (ASX:CSL) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.42% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 1.42% at lunch.

The CSL Limited (ASX: CSL) share price is up 3.16% with the overall ASX rising today on the back of the US and China agreeing not to implement additional trade tariffs against each other for 90 days.

One share getting a particular boost to the trade war news is South32 Ltd (ASX: S32), its share price is up 5%.

Shares of grain giant Graincorp Ltd (ASX: GNC) are up 26.6% after it received a large potential takeover offer.

The Brickworks Limited (ASX: BKW) share price is up 3.2% with it announcing it has sold Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) shares to improve its net debt position after acquiring US brick business Glen Gery.

Shares of resource business Syrah Resources Ltd (ASX: SYR) are up 9.2% with it announcing production improvements at its Balama Graphite Operation. Graphite recoveries increased to 74% in November compared to 52% in the third 2018 quarter.

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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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