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


Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.67% at lunch.

The market has recovered some of the ground it lost last week, with healthcare giant CSL Limited (ASX: CSL) the biggest gain in the ASX 20, its share price has risen nearly 4%.

Natural beauty business BWX Limited (ASX: BWX) shares are down over 18% after the company announced that it wasn’t expecting its profit to grow this financial year due to the failed takeover.

The Kogan.Com Ltd (ASX: KGN) share price is down a further 25% at lunch after announcing a number of problems in its business update for the first quarter of FY19.

Shares of healthcare product distribution Paragon Care Ltd (ASX: PGC) are up 3.65% after announcing an acquisition valued at an initial $27.5 million.

Private hospital business Ramsay Health Care Limited (ASX: RHC) shares are up 1.5% after announcing its takeover offer of European-based Capio has now reached an acceptance rate of 96%.

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Jaz Harrison

Jaz Harrison

Jaz 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.