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ALL ORDINARIES Index Up, Telstra (TLS) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.29% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.29% at lunch.

The Telstra Corporation Ltd (ASX: TLS) share price has risen by a further 1.8% this morning after yesterday’s gains in response to its FY18 result.

Another share in the green this morning is Kogan.Com Ltd (ASX: KGN) the low cost online retailer’s share price is up 4% after revealing it doubled profit in the FY18 report.

Financials business MyState Limited (ASX: MYS) is down 0.2% after reporting a slight increase in profit during FY18.

Global warehouse property landlord Goodman Group (ASX: GMG) revealed its operating profit grew by 9% in its report to shareholders. Its share price has risen 3.7%.

Listed investment company WAM Capital Limited (ASX: WAM) shares are up 1.2% after reporting 87.6% growth in the operating profit before tax.

Utility billing software business Hansen Technologies Limited (ASX: HSN) shares are up 6% today with the net profit increasing by 21%.

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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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