Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.35% at lunch.
The Westpac Banking Corp (ASX: WBC) share price is down around 0.5% with APRA requiring three of the major banks to hold $500 million of operational risk capital.
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The US Federal Reserve may cut interest rates this month, which has sent the share prices of some businesses higher. For example, the Altium Limited (ASX: ALU) share price is up nearly 2%.
The share price of Netwealth Group Ltd (ASX: NWL) is up around 3% after revealing more growth of its funds under advice (FUA) to June 2019.
Infratil Ltd (ASX: IFT) shares are up around 2% after getting one step closer to acquiring Vodafone New Zealand.
The share price of Whitehaven Coal Ltd (ASX: WHC) is up after providing its quarter report for June 2019.
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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).
Disclosure: Jaz owns shares of Altium at the time of writing, but this could change at any time.