Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.64% at lunch.
The Afterpay Touch Group Ltd (ASX: APT) share price has risen over 5.8% as the buy now, pay later business announced that it was making some organisational changes to help its future growth.
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Shares of Blackmores Limited (ASX: BKL) rose 0.5% with the vitamin company announcing who its new CEO will be in charge.
The share price of Westpac Banking Corp (ASX: WBC) is down around 0.9% with the big four ASX banks launching a defence against the proposed new responsible lending laws. The Commonwealth Bank of Australia (ASX: CBA) share price is also down 0.8%.
Speedcast International Ltd (ASX: SDA) shares have dropped a painful 38% at lunch as the remote data business warned that its half year and full year FY19 underlying EBITDA (click here to learn what EBITDA means) would be less than what investors were expecting.
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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.