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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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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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