Wednesday: What’s The All Ords Index Doing at Lunch?

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.20%, sending the market closer to 6,000.

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Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.20%, sending the market closer to 6,000.

The biggest gain for an ASX200 business this morning is Sirtex Medical Limited (ASX: SRX), the share price is up by over 45% on news that it has received a takeover offer.

Protective glove company Ansell Limited’s (ASX: ANN) share price has risen by 4.44% this morning on no news.

The Incitec Pivot Ltd (ASX: IPL) share price is up by 3.54% today, the company announced yesterday that it would be cancelling its share buy-back.

The lithium miners have continued their descent with Galaxy Resources Limited (ASX: GXY) down by 2.62% and Pilbara Minerals Ltd (ASX: PLS) down by 4.08%. Some market commentators believe that there could be an oversupply of lithium in the near future.

The Treasury Wine Estates Ltd (ASX: TWE) share price has grown by 1.44%, investors were happy with its half-year report.

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Reporting Season
ASX vs The World: What’s Next?

The numbers are in.
The headlines have run.
The market has reacted.

Now the bigger question:

Is the ASX strengthening — or falling further behind global markets like the US and China?


In this final session of our reporting season series, we zoom out.

We’ll examine what the latest earnings tell us about Australia’s position in the world — and whether local investors should lean in, tilt globally, or simplify with ETFs.

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