Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.12% at lunch.
The Wesfarmers Ltd (ASX: WES) share price is leading the ASX index higher, it is currently higher by 1.6%. Wesfarmers recently split from Coles Group, and our analyst took a look at the investment metrics of both companies.
Wesfarmers isn’t the only share that’s registering gains so far. Treasury Wine Estates Ltd (ASX: TWE) shares are up 4.4% with management allaying some of the market’s fears about its upcoming profit result.
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The Telstra Corporation Ltd (ASX: TLS) share price is up 0.7% with the CEO Andy Penn reportedly saying that the telco has secured deals with multiple smartphone manufacturers to get exclusive access to the first 5G-ready phones.
Shares of gold miners are the worst five performing shares in the ASX 200. The Regis Resources Limited (ASX: RRL) share price is down nearly 5%, Saracen Mineral Holdings Limited (ASX: SAR) shares are down 3.3% and the St Barbara Ltd
(ASX: SBM) share price is down 3.5%.
iCar Asia Ltd (ASX: ICQ) shares are up 34.5%, the tech company reported that fourth-quarter cash receipts grew by 36%.
3 “Proven Shares” For 2019
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