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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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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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