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ALL ORDINARIES Index Up, BHP (ASX:BHP) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
Lunch ASX update

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.30% at lunch.

The BHP Billiton Limited (ASX: BHP) share price is up 2.22% this morning along with other miners like Rio Tinto Ltd (ASX: RIO) which is up 2.5%.

Shares of dairy processor Synlait Milk Ltd (ASX: SM1) are down 5.7% despite the New Zealand company revealing profit growth of nearly 90%.

The share price of TPG Telecom Ltd (ASX: TPM) is down 5.22% after the telco revealed its FY18 result to the market yesterday.

Investors also pulled back on Kathmandu Holdings Ltd (ASX: KMD), its share price is down 1.4% after reporting yesterday.

Aged care operators are in the red again today after the Government raised the idea of a Royal Commission into the industry. Japara Healthcare Ltd (ASX: JHC) shares are down 2.46%, Estia Health Ltd (ASX: EHE) is down 0.81% and Regis Healthcare Ltd (ASX: REG) has fallen 0.81% with professional investors like Macquarie Group Ltd (ASX: MQG) believing there won’t be any winners from an inquiry.

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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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