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All Ordinaries Rises, CBA (ASX:CBA) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.31% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.31% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down 1.35% at lunch after reporting its half year result. One of the main positives from the result was that the interim dividend was maintained at $2 per share.

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The Nick Scali Limited (ASX: NCK) share price is currently 8% in response to the furniture company’s interim profit result. Management decided to increase the dividend by more than 50% to try to provide superior returns this year.

Shares of Insurance Australia Group Ltd (ASX: IAG) are up 4.8% despite revealing a large decline in profit due to storm damage from the Sydney storm a few months ago.

Viva Energy Group Ltd (ASX: VEA) shares are up 13.5% and Coles Group Limited (ASX: COL) shares are down nearly 2% in response to the two businesses announcing a new deal for their service station arrangements.

The BWP Trust (ASX: BWP) share price is down almost 1% after the real estate investment trust (REIT) announced a slight increase to its distribution.

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She 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.
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