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ALL ORDINARIES Index Up, Rio (ASX:RIO) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.24% at lunch.

One of the main contributors to the index currently showing an increase is the Rio Tinto Limited (ASX: RIO) share price which is up 1.5%.

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Shares of Bubs Australia Ltd (ASX: BUB) have gone into a trading halt. The goat infant formula company is going to announce a capital raising and acquisition to the market in the near future.

The SKYCITY Entertainment Group Limited (ASX: SKC) share price is up just over 0.5% with the casino company confirming the sale of its Darwin Australia business for $188 million. The Little Mindil property (with a book value of $11 million) which is located next to the Darwin site will be sold separately.

Gold miners are facing red across the board with the share market’s recovery today. The worst performer is the Saracen Mineral Holdings Limited (ASX: SAR) share price which is down 4.2%.

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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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