ALL ORDINARIES Index Up, Westpac (WBC) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.68% at lunch.

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Australia’s share market

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, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.68% at lunch.

Westpac Banking Corp (ASX: WBC) is leading the index higher, it’s currently up 1.87%. Most of Australia’s other blue chips are also registering gains today with BHP Billiton Limited (ASX: BHP) up by 1.74% and Australia and New Zealand Banking Group (ASX: ANZ) up by 1.47%.

Several businesses have reported their FY18 results this morning.

Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares are down 10% at the moment after reporting a net profit figure that was under its own guidance.

Another share in the red was Challenger Ltd (ASX: CGF), the fund manager’s share price is down 8.2% after only reaching the bottom of its profit range guidance.

Cochlear Limited (ASX: COH) shares have fallen 6.75% so far after its FY18 profit wasn’t as high as some investors were hoping for.

The National Australia Bank Ltd

(ASX: NAB) share price is up nearly 1% after reporting a slight fall in its quarterly profit.

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