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ALL ORDINARIES Index (XAO) Up, Zip (ASX:Z1P) Share Price Goes Crazy

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.75% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.75% at lunch.

One of the largest movers of the day so far is the Zip Co Ltd (ASX: Z1P) share price which is up more than 10% in reaction to its June 2019 update.

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The share price of lithium company Orocobre Limited (ASX: ORE) has dropped 0.35% in the morning after releasing its June 2019 quarter.

Shares of Abacus Property Group (ASX: ABP) went into a trading halt after releasing some preliminary FY19 numbers and launching a $275 million capital raising.

The BHP Group Ltd (ASX: BHP) share price is up 0.9% as news broke that it had reduced short term incentives for employees due to internal issues.

At the red end of the ASX 200 the Regis Resources Limited (ASX: RRL) share price has fallen almost 9%.

The share price of Iluka Resources Limited (ASX: ILU) has fallen almost 7% after releasing its June 2019 update.

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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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