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ALL ORDINARIES Index Rises, TPG (ASX:TPM) Share Price Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.48% at lunch.

The TPG Telecom Ltd (ASX: TPM) share price is up 2% after it issued its response to the ACCC rejecting the idea of its merger, it is taking the case to the Federal Court.

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The Orica Ltd (ASX: ORI) share price is up 7.7% after the explosives business reported its half year result showing a large increase of profit.

Shares of Caltex Australia Limited (ASX: CTX) are up 0.2% despite reporting a large profit decrease in its first quarter result of FY19.

However, building construction businesses aren’t looking so good at the moment. The Adelaide Brighton Ltd. (ASX: ABC) share price dropped 7.9% after providing a market update. The Fletcher Building Limited (ASX: FBU) share price is also down by 3.1%.

The GrainCorp Ltd (ASX: GNC) share price is down a further 3.6% after it reported a disappointing half year report.

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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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