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ALL ORDINARIES Index (XAO) Up, CYBG (ASX:CYB) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.74% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.74% at lunch.

The CYBG Plc (ASX: CYB) share price is leading the ASX 200, it’s up almost 10% this morning on positive Brexit developments.

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Shares of fintech business Hub24 Ltd (ASX: HUB) are up 4.3% after announcing its September 2019 quarter funds under management (FUM).

The share price of Pendal Group Ltd (ASX: PDL) has dropped over 1% after it announced a 1% fall of its FUM in the September 2019 quarter.

LiveTiles Ltd (ASX: LVT) shares are flat after the technology business announced its September 2019 quarter progress with its revenue.

The Michael Hill International Ltd (ASX: MHJ) share price is up 15.8% with the jewellery retailer announcing strong same store sales growth for the first quarter in FY20.

Gold miner Silver Lake Resources Limited. (ASX: SLR) has announced its quarterly activities report this morning, which has sent the share price up by 11.4%.

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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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Picture of Jaz Harrison

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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