ALL ORDINARIES Index Rises, Coles (ASX:COL) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.47% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.47% at lunch.

The Coles Group Limited (ASX: COL) share price is up 1.2%, making it the strongest performer in the ASX 20 – Australia’s biggest 20 blue chips.

Shares of the banks look like they’re going to end the year with a bang. The National Australia Bank Ltd (ASX: NAB) share price is leading the pack, it’s up 1.3%.

In the broader ASX 200 it’s resource businesses that are celebrating the New Year early. Lithium miner Orocobre Limited’s (ASX: ORE) share price is up 8.1% and Syrah Resources Ltd (ASX: SYR) shares are up 4.6%.

Businesses related to mining are also doing well, such as heavy equipment rental business Emeco Holdings Limited (ASX: EHL) which is up 4%.

At the red end of the ASX 200, it’s dominated by property businesses. DEXUS Property Group (ASX: DXS) shares are down 3.7% and Vicinity Centres Re Ltd (ASX: VCX) shares are down 3.5%.

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