Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.03% at lunch.
The Wesfarmers Ltd (ASX: WES) share price is down 3.7% after the company gave a trading update for Kmart and Target.
WATCH NOW: The Australian Investors Podcast Feat.
Global Investing Expert Hamish Douglass
Hamish Douglass is one of Australia's top investors and founders, having co-founded Magellan - a near $9 billion business! Learn exactly how Hamish invests in shares today.
The share price of Commonwealth Bank of Australia (ASX: CBA) is up 0.6% after the bank sold its Count Financial business to Countplus Ltd (ASX: CUP), the share price is up 35%.
The Carsales.Com Ltd (ASX: CAR) share price is up almost 2% after announcing it is pursuing the sale of its interest in Stratton Finance. The company also provided some guidance for its FY19 result, it expects net profit to be either flat or slightly grow.
The share price of Afterpay Touch Group Ltd (ASX: APT) is down by more than 9% after announcing that AUSTRAC wants the buy now, pay later company to appoint an auditor to look at its compliance.
Online Value Investing Course - FREE!
How do you value an investment? Do you really understand what you’re investing in and why?
We’ve just updated our FREE business valuation course and made it available to investors like you. Complete with models, templates and tools, simply click here to access the course.
It’s completely free!
Disclaimer and warning: The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms of Service and Financial Services Guide before using this website.
Disclosure: At the time of writing Jaz owns shares of Challenger, but this could change at any time.