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ALL ORDINARIES Index (XJO) Rises, Freedom (ASX:FNP) Share Price Goes Nuts

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.14% at lunch.

The Freedom Foods Group Ltd (ASX: FNP) share price has gone bananas, it is up 27.8% after releasing its report showing a lot of underlying profit growth.

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The share price of Sezzle Inc (ASX: SZL) is up around 5% after the buy now, pay later company reported continuing growth in its result, however its net loss increased from last year.

Shipbuilder Austal Limited (ASX: ASB) has seen its share price rise by almost 10% after delivering its FY19 result which included profit that sailed higher.

Lithium business Galaxy Resources Limited (ASX: GXY) shares are flat after revealing a challenging FY19 result, lithium prices were down significantly during the period.

Gold miner Resolute Mining Limited (ASX: RSG) has seen its share price drop 3.8% after reporting its FY19 result.

Ausdrill Limited (ASX: ASL) shares have risen 8.5% in reaction to the company’s result yesterday and today’s announcement about the expiry of Barminco escrow period and the Gresham share sale.

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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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