ALL ORDINARIES Index Down, ANZ (ASX:ANZ) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.04% at lunch.

One of the largest gains among the ASX 20 is Australia and New Zealand Banking Group (ASX: ANZ), it is up 1.25% after reporting its annual result for the 2018 financial year.

The Commonwealth Bank of Australia (ASX: CBA) share price is up nearly 1% after announcing the sale of its global investment management business CFSGAM for just over $4 billion.

Shares of travel business Corporate Travel Management Ltd (ASX: CTD) are down 21% after coming out of a trading halt and responding to the VGI Partners criticisms of the business.

Leading the ASX 200 pack today is private health insurer NIB Holdings Limited (ASX: NHF), it’s up 8% after upgrading its guidance for FY18.

Embattled financial business AMP Limited (ASX: AMP) has seen its share price rise 6.5% after updating its position on capital and costs after the sale of its wealth management and mature businesses.

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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.