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ALL ORDINARIES Index Down, Telstra (ASX:TLS) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.81% at lunch. 
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.81% at lunch.

The Telstra Corporation Ltd (ASX: TLS) share price is currently up 0.42% after the telco announced that it is ahead of schedule with its T22 plan for upgrading its IT and cutting jobs.

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Shares of Mirvac Group (ASX: MGR) are currently in a trading halt with the property developer looking to raise funds for its projects and potential acquisitions.

The share price of Bank of Queensland Limited (ASX: BOQ) is up 0.4% despite the announced news that the BOQ Chairman is going to retire, a Chairman Elect has been appointed.

Today’s top riser is the rare earth miner Lynas Corporation Ltd (ASX: LYC), its share price is up another 6.7%.

However, the Downer EDI Limited (ASX: DOW) share price is down 9.1%, making it the worst performer in the ASX 200.

The share price of under pressure Oliver’s Real Food Ltd (ASX: OLI) is up 82% after saying it has reached breakeven and is likely to make a profit next year.

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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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