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Woolworths Shares Up, ALL ORDINARIES Slightly Higher

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.18% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.18% at lunch. The Woolworths Group Ltd (ASX: WOW) share price is up 1.18% this morning after Coles announced its quarterly sales.

The Wesfarmers Ltd (ASX: WES) share price is down 0.44% so far after revealing its quarterly sales. Bunnings Australia & New Zealand and Kmart delivered growth of around 10%, Coles sales increased by 0.3%, Target’s sales were down 2% and Officeworks sales increased by 8.8%.

Private hospital business Healthscope Ltd (ASX: HSO) jumped 13% after announcing it had received a takeover offer from AustralianSuper and other investors. The offer will have to go through a number of conditions before it can potentially be accepted.

The shares of gold miner Newcrest Mining Limited (ASX: NCM) are up 0.53% after releasing its quarterly result.

Westpac Banking Corp (ASX: WBC) is down 2.45% after the Australian Prudential Regulation Authority (APRA) announced it would end the cap on investor loan growth, UBS has slashes its ‘price target’ for the oldest bank.

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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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