ALL ORDINARIES Index Up, Transurban (ASX:TCL) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.52% at lunch.

The Transurban Group (ASX: TCL) share price is down 1.8% after reporting its half year result. Proportional EBITDA increased but it’s currently going through a lot of investment, so profit after tax fell 56%.

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Shares of annuity market leader Challenger Ltd (ASX: CGF) are up 2% after reporting its official half year result to the market, the company maintained its dividend.

The Pact Group Holdings Ltd

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(ASX: PGH) share price is down 7.25%, it said that it’s going to make a significant writedown

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of its assets and goodwill in the upcoming report.

The share price of Super Retail Group Limited (ASX: SUL) is up 0.9%, the retailer revealed revenue and profit growth for the upcoming report, however underpayment of managers will be a large cost and the CEO is stepping down.

Shares of Macquarie Group Ltd (ASX: MQG) are up nearly 2.5% – the Australian-based global investment bank said profit could grow up to 15% in FY19 in a trading update.

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