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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 0.75% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.75% at lunch.

The CSL Limited (ASX: CSL) share price is the biggest contributor to the index’s rise, the CSL share price is currently up by 2.6% with international shares experiencing a rise overnight.

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Retail conglomerate company Premier Investments Limited (ASX: PMV) has seen its share price fall 1% in response to the half year result, investors may have been disappointed by the slowdown of Smiggle growth.

The Suncorp Group Ltd (ASX: SUN) share price is up 1.7% with the insurance business announcing a special dividend for shareholders.

SEEK Limited (ASX: SEK) shares are up 0.4% with the online employment classifieds business a potential beneficiary from Australia’s unemployment rate improving to 4.9%.

Gold miner shares have taken a tumble in response to St Barbara Ltd’s (ASX: SBM) update which sent its share price down 31%. Other miners like Saracen Mineral Holdings Limited (ASX: SAR) and Northern Star Resources Ltd (ASX: NST) are down more than 3%.

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Picture of Jaz Harrison

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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