ALL ORDINARIES Index Up, Afterpay (ASX:APT) Shares Rise


Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.58% at lunch.

The share price of Afterpay Touch Group Ltd (ASX: APT) has risen 11.7% after the buy now, pay later company revealed an update about its latest developments in Australia, the US and the UK.

Shares of REA Group Limited (ASX: REA) are up over 10% after the real estate portal business revealed another quarter of double digit revenue growth.

Pendal Group Ltd (ASX: PDL) shares are up 3.2% after revealing its statutory profit grew by 30% in FY18.

The Xero Limited (ASX: XRO) share price is up 2.9% after it reported its half year result showing a 37% rise in revenue and underlying EBITDA more than doubling to $34.5 million.

Shares of James Hardie Industries plc (ASX: JHX) have dropped 13.8% at lunch after the material business reported its half year result showing net sales were up 25% and net profit was up 29%.

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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.