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ALL ORDINARIES Index (XAO) Rises, City Chic (ASX:CCX) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.52% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.52% at lunch.

The share price of City Chic Collective Ltd (ASX: CCX) is up around 3% after the plus-size retailer announced it was in prime position to buy the e-commerce assets of a US-based plus-size retailer.

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Woolworths Group Ltd (ASX: WOW) shares are up 0.5% as investors learned that it’s having a dispute with Arnott’s about pricing.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is up 1% with the media reporting about its rebranding exercise and trying to build Sydney pride.

Metal businesses are some of the worst performers at lunch, the Sims Metal Management Ltd (ASX: SGM) share price is down almost 3% and the BlueScope Steel Limited (ASX: BSL) share price is down 1.7%.

Leading the ASX 200 is the share price of Idp Education Ltd (ASX: IEL) which is up 3.3%, whereas the Clinuvel Pharmaceuticals Limited (ASX: CUV) share price is down 3%.

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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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