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Telstra Is Boosting The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.44% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.44% at lunch, undoing the fall over the past few days. The Telstra Corporation Ltd (ASX: TLS) share price is up by 0.64% today after hitting a multi-year low on Friday last week.

Technology companies are the leaders in the ASX200 pack so far. WiseTech Global Ltd (ASX: WTC) is the biggest grower with it going up by 6.85% and accounting software company Xero Limited (ASX: XRO) has risen by 4.14%.

Retail Food Group Limited (ASX: RFG) continues to be volatile as investors are unsure what a fair price to pay for the under-pressure franchisor, it has gone up by 4.47% today.

The worst performer in the ASX200 so far has been Nanosonics Ltd (ASX: NAN), the share price has dropped by 3.12%.

At the smaller end of the market the Livetiles Ltd (ASX: LVT) share price is up by 7.23% after it revealed its annualised subscription revenue reached $11.2 million, which is 315% higher than a year ago.

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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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