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ALL ORDINARIES Index Up, ANZ (ASX:ANZ) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.02% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.02% at lunch.

The blue chip that is helping slightly edge the index into the green is Australia and New Zealand Banking Group (ASX: ANZ) which is 0.7% higher.

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The Rio Tinto Limited (ASX: RIO) share price is up 0.56% with the mining giant announcing the next stage of its investment in its Resolution copper project based in Arizona in the US.

Shares of National Australia Bank Ltd (ASX: NAB) are up only 0.36% with reports that the major bank has been losing market share of refinancing to its banking competitors.

The share price of IOOF Holdings Limited (ASX: IFL) is up 0.6% despite the diversified financials business announcing at the end of last week that it was being sued.

Iluka Resources Limited (ASX: ILU) shares are down 0.66% in early trade after the commodity business revealed its March 2019 quarterly report to investors.

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$50,000 per year in passive income from shares? Yes, please!

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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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