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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.62% at lunch.

The CSL Limited (ASX: CSL) share price is up 2.1% at lunch with the share market reacting positively to news that the Trump Administration and China may be closer to reaching a deal.

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The Magellan Financial Group Ltd (ASX: MFG) share price is up nearly 8.5% so far, the fund manager announced its December funds under management (FUM), its average FUM for the December half year and its expected performance fees.

It wasn’t such good news for shareholders of fund manager Platinum Asset Management Limited (ASX: PTM), its share price is down 6.4% due to announcing its own FUM and performance fee expectations for December.

The Bingo Industries Ltd (ASX: BIN) share price went up another 7.2% after suggesting it could sell its Banksmeadow waste processing facility to appease the ACCC about competition worries regarding its Dial A Dump acquisition.

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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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