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ALL ORDINARIES Index Down, BWX Shares Climb

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.63% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.63% at lunch.

Sukin owner BWX Ltd (ASX: BWX) is up 40% after receiving a takeover offer from its CEO and private equity Bain Capital.

Private hospital business Healthscope Ltd (ASX: HSO) shares are down 4.67% after essentially rejecting the two takeover offers, it said it could sell its hospital real estate and continue trading.

OFX Group Ltd (ASX: OFX) shares are down 3.55% after the currency exchange business revealed that its profit had fallen by 5%.

The James Hardie Industries plc (ASX: JHX) share price is up 3.92% after it reported its 2018 financial result.

Another business to report today was Technology One Limited (ASX: TNE), its share price is down 9.3% so far today in response.

Advertising company APN Outdoor Group Ltd (ASX: APO) is down 2.84% after confirming it had made a $500 million offer for Adshel, a division of HT&E Ltd (ASX: HT1) – which is up 5.26% in response.

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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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