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ALL ORDINARIES Index (XAO) Rises, Speedcast (ASX:SDA) Share Price Keeps Going Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
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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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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.14% at lunch.

The Speedcast International Ltd (ASX: SDA) share price is up another 11.5% after a major investor appeared on the shareholder list, perhaps thinking the company’s share price was an opportunity.

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The share price of Medibank Private Limited (ASX: MPL) is down around 1.5% with the ACCC taking legal action against the private health insurer.

Shares of Pioneer Credit Ltd (ASX: PNC) are still in a trading halt with ongoing issues relating to its accounting and financing.

Westpac Banking Corp (ASX: WBC) shares are up almost 1% after the release of housing prices data in Melbourne and Sydney, showing a sharp increase.

The Western Areas Ltd (ASX: WSA) share price has gone up another 6.7% after the announcement yesterday that there has been a new discovery of nickel-copper sulphides.

At the bottom of the ASX 200 performance table, the Sigma Healthcare Ltd (ASX: SIG) share price is down 4.7%.

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