Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.75% at lunch.
The CSL Limited (ASX: CSL) share price is the biggest contributor to the index’s rise, the CSL share price is currently up by 2.6% with international shares experiencing a rise overnight.
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Retail conglomerate company Premier Investments Limited (ASX: PMV) has seen its share price fall 1% in response to the half year result, investors may have been disappointed by the slowdown of Smiggle growth.
The Suncorp Group Ltd (ASX: SUN) share price is up 1.7% with the insurance business announcing a special dividend for shareholders.
SEEK Limited (ASX: SEK) shares are up 0.4% with the online employment classifieds business a potential beneficiary from Australia’s unemployment rate improving to 4.9%.
Gold miner shares have taken a tumble in response to St Barbara Ltd’s (ASX: SBM) update which sent its share price down 31%. Other miners like Saracen Mineral Holdings Limited (ASX: SAR) and Northern Star Resources Ltd (ASX: NST) are down more than 3%.
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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).