Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
The BHP Group Ltd (ASX: BHP) share price is up 1.7% and is leading the ASX index higher on the back of rising prices of resources, such as oil which is up 2.3%.
Investors have reacted positively to gold mining giant Newcrest Mining Limited (ASX: NCM) with its December 2018 quarter update showing production was up, the share price has risen 3.2% so far today.
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Other shares to get a boost from the resources recovery is the Sandfire Resources NL (ASX: SFR) share price which is up 5.8% and the Fortescue Metals Group Limited (ASX: FMG) share price is up 5%.
The Mayne Pharma Group Ltd (ASX: MYX) share price is up nearly 1.5%, the pharmaceutical company announced that it has launched its TOLSURA 65mg capsule in the US.
Shares of GUD Holdings Limited (ASX: GUD) are down almost 11% after reporting its half year result to the market.
Buy now, pay later business Zip Co Ltd (ASX: Z1P) shares are down 3.4% despite reporting solid growth in the December 2018 quarter.
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