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ALL ORDINARIES Index (XAO) Rises, Qantas (ASX:QAN) Share Price Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.04% at lunch.

The Qantas Airways Limited (ASX: QAN) share price is up 3.4% after it announced yesterday that it is in a position to enter the MSCI Index.

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At the bottom of the ASX 200 performance table the Southern Cross Media Group Ltd (ASX: SXL) share price is down by over 20% after announcing that revenue was down in the September 2019 quarter.

The Nine Entertainment Co Holdings Ltd (ASX: NEC) share price seems to be suffering from media association with Southern Cross, it’s down 6%, but it also announced the offer period has ended for acquiring Macquarie Media Ltd (ASX: MRN) shares – it will now compulsorily buy the rest.

The share price of Cooper Energy Ltd. (ASX: COE) is up 4.5% after giving its quarterly activities report and announcing a new gas discovery at Dombey-1DW1. A gross gas column of 44.5 metres with an estimated net pay thickness of 25 metres has been identified.

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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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