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ALL ORDINARIES Index Up, Xero (ASX:XRO) Share Price Rockets

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.11% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.11% at lunch.

The Xero Limited (ASX: XRO) share price is up 9% as investors reacted to another solid report by the cloud accounting software business which included positive free cash flow.

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Shares of BWX Ltd (ASX: BWX) are down nearly 21% with the natural beauty business downgrading its FY19 profit guidance again, as well as announcing that it would change to a new CEO.

The share price of Experience Co Ltd (ASX: EXP) has declined 14.6% as the tourism business also announced a painful profit downgrade.

CYBG Plc (ASX: CYB) shares are up 2.3% as the UK challenger bank revealed its profit in its interim result which included a lot of integration costs.

The Westpac Banking Corp (ASX: WBC) share price is down 4.4% as the big bank went ex-dividend.

Shares of Afterpay Touch Group Ltd (ASX: APT) are down 3.3%, it is currently one of the worst performers in the ASX 200.

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

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

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