Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.11% at lunch.
The index has managed to rise despite the big banks registering falls so far today including Commonwealth Bank of Australia (ASX: CBA) which is down 0.85%.
One business that is rose this morning is Xero Limited (ASX: XRO), it’s up 1.5% after announcing a UK acquisition and initiatives to grow faster there.
Childcare operator G8 Education Ltd (ASX: GEM) is up almost 9% at midday after reporting that occupancy levels were rising.
The share price of REA Group Limited (ASX: REA) is currently up 1% with the announcement that the CEO is leaving to focus on the global News Corp (ASX: NWS) digital business, which is up 0.6%.
Shares of Lendlease Group
(ASX: LLC) are up 4% after issuing a profit downgrade last week due to its Australian Engineering and Services business.
At the red end of the ASX 200 is Aveo Group (ASX: AOG) which is down another 5.6% after the retirement & lifestyle village operator said sales were softening due to the housing market decline.
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