The All Ordinaries (INDEXASX: XAO)(^AORD) and S&P/ASX 200 (INDEXASX: XJO) (^AXJO) ended higher on Wednesday with some pleasing market updates.
All Ordinaries: up 0.2% at 6,053 points
ASX 200: up 0.2% at 5,950 points
All Ordinaries Movers
- Synlait Milk Ltd (ASX: SM1) – up 14.6%
- a2 Milk Company Ltd (ASX: A2M) (NZE: ATM) – up 3.7%
- TPG Telecom Ltd (ASX: TPM) – up 3.8%
All Ordinaries Losers
- Clearview Wealth Ltd (ASX: CVW) – down 7.5%
- Cochlear Limited (ASX: COH) – down 1.8%
- Telstra Corporation Ltd (ASX: TLS) – down 1.2%
Australian Investing News
Making ASX news today, Synlait Milk, a dairy product manufacturer from New Zealand, released its half-year report to the ASX. Synlait’s half-year revenue rose 52% with profit up 283% on the prior period.
Synlait is benefitting from the increased demand for high-quality products sold by the likes of a2 Milk Company Ltd. See what was moo-ving Synlait here.
James Packer, the billionaire casino and gaming tycoon, announced he will retire from the Crown Resorts Ltd (ASX: CWN) board of directors for personal reasons. Crown Executive Chairman, John Alexander, said: “We have appreciated James’ contribution to the Board and respect his decision to step down from his role as a director at this time.” Read more here.
TPG Telecom was again a focal point in the ASX 200 following the release of its half-year accounts yesterday. The telecommunications company also updated its guidance. Dial-up TPG’s news by clicking here.
Finally, shares of department store owner and operator Myer Holdings Ltd (ASX: MYR) ended lower today, according to Google Finance. This morning, Myer released its financial report to the market. Did you see the Myer report?
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