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ALL ORDINARIES Index Rises, Fortescue (ASX:FMG) Share Price Up

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

The Fortescue Metals Group Limited (ASX: FMG) share price is up around 4% as it made an agreement to explore for gold and copper in South Australia.

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The Challenger Ltd (ASX: CGF) share price has fallen a further 4.9% in reaction to yesterday’s gloomy profit outlook for FY20.

Shares of AMP Limited (ASX: AMP) are down almost 4% as APRA imposed directions and additional conditions on its Registrable Superannuation Entity (RSE) licences of its superannuation trustees.

The Afterpay Touch Group Ltd (ASX: APT) share price is down 2.5% as the S&P Down Jones Indices announced the company would enter the ASX 100.

Saracen Mineral Holdings Limited (ASX: SAR) shares are up 2% as the gold miner announced that it was launching a takeover for Bligh Resources Ltd (ASX: BGH), which is up 84.6%.  

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Disclosure: Jaz owns shares of Challenger at the time of writing, but this could change at any time.

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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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