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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.04% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 1.04% at lunch.

One of the biggest contributors to the index’s rise is BHP Group Ltd (ASX: BHP), the resource giant’s share price is up 2.93% with a bit of confidence returning to international share markets.

Other resource businesses getting a major boost include the Woodside Petroleum Limited (ASX: WPL) share price which is up 3.86%, the South32 Ltd (ASX: S32) share price is up 3.4% and the Origin Energy Ltd (ASX: ORG) share price is up 3.5%.

Leading the ASX 200 gains is organic infant formula business Bellamy’s Australia Ltd (ASX: BAL), its share price is up 5.3%. Afterpay Touch Group Ltd (ASX: APT) shares are also up 5.4%. The Appen Ltd (ASX: APX) share price is up 5.5% too.

The Speedcast International Ltd (ASX: SDA) share price is down nearly 4% after updating the market about its EBITDA expectations for FY18, which is slowly below consensus expectations (click here to learn what EBITDA means).

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