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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.33% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.33% at lunch.

The resource sector of the ASX is receiving a boost today. The BHP Billiton Limited (ASX: BHP) share price is up 1.76%, leading the index higher. The South32 Ltd (ASX: S32) share price is up 1.9%, making it the strongest performer in the ASX20.

Shares of online retailer Kogan.com Ltd (ASX: KGN) are down 1% with speculation that the post-Christmas retail environment could be pretty tough for the whole industry.

The Integrated Research Limited (ASX: IRI) share price is down 2% due to announcing its CFO will become the Interim CEO.

Healthscope Ltd (ASX: HSO) shares are up 5.3% with the private hospital operator announcing the latest progress update with the Brookfield takeover bid.

Shares of Insurance Australia Group Ltd (ASX: IAG) are down 3%, the insurer said the claim volumes and severity of related hail damage already indicate the pre-tax cost will be in line with IAG’s maximum first event retention of $169 million post-quota share.

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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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