ALL ORDINARIES Index Down, Telstra (ASX:TLS) Shares Up


Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.21% at lunch.

Bucking the trend, the Testra Corporation Ltd (ASX: TLS) share price is up 1.8% so far today, making it the leader in the ASX 20.

The share price of home improvements company DuluxGroup Limited (ASX: DLX) is up 0.6% after reporting that it grew its FY18 profit by 5% in the result it released today.

Shares of Corporate Travel Management Ltd (ASX: CTD) are up a further 4.6% so far today as the company mounts a defence against the short seller attack.

The UK-based bank CYBG plc (ASX: CYB) is up nearly 5% on news that the UK may finally have agreed terms for Brexit.

The Pact Group Holdings Ltd (ASX: PGH) share price has fallen 13% after giving a trading update at its AGM saying that earnings in the first half of FY19 will be weaker than last year due to an on-going lag in recovering higher-than-anticipated resin costs and higher costs for contract manufacturing materials.

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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.