Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.06% at lunch.
The Vocus Group Ltd (ASX: VOC) share price has jumped 20% in response to the telecommunications business revealing it has received a indicative takeover proposal.
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The Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share price is down 4.7%, the company reported growth in its FY19 result and revealed its expectations for FY20.
Shares of Xero Limited (ASX: XRO) are up 0.5% despite it being revealed that Xero founder Rod Drury sold a large amount of shares last week.
Air New Zealand Limited (ASX: AIZ) shares are down 0.4% with the Kiwi airline announcing a large order for Boeing Dreamliners.
The NIB Holdings Limited (ASX: NHF) share price is down 0.3% with its Managing Director selling 80,000 shares last week, but he still owns a large amount of shares.
The share price of GPT Group (ASX: GPT) dropped 0.7% after announcing it was acquiring five logistics assets in Sydney for $212 million.
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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).
At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.