Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.35% at lunch.
The Telstra Corporation Ltd (ASX: TLS) share price is down 1.3%, with several blue chips hurting with the prospect of a US government budget shutdown.
Commonwealth Bank of Australia (ASX: CBA) shares are up 0.4% this morning despite revealing it is facing a number of additional costs for the current financial year.
The share price of funeral business Propel Funeral Partners Ltd (ASX: PFP) is up 0.8% because it announced a number of New Zealand based acquisitions.
Shares of pathology business Sonic Healthcare Limited (ASX: SHL) are in a trading halt due to the planned acquisition for $750 million in the US.
The Mayne Pharma Group Ltd (ASX: MYX) share price is up 2.8%, it received FDA approval of its Tolsura (SUBA itraconazole) 65mg capsules. The US anti-fungal triazole market has a value of around US$600 million, the clear unmet clinical need in serious systematic infections has an addressable market of around US$200 million according to Mayne.
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