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ALL ORDINARIES Up, Westpac Shares Rise

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

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

The Westpac Banking Corp (ASX: WBC) share price is up 1.84% today after being under the microscope of the Royal Commission. Westpac shares also suffered a ‘downgrade rating’ from investment bank UBS, according to Fairfax press.

Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares have fallen 2.75% after the Australian Financial Review published an article questioning the pizza company’s ‘splitting’ strategy.

Pharmacy companies are making a bit of a recovery today with Australian Pharmaceutical Industries Ltd (ASX: API) up by 2.66% and Sigma Healthcare Ltd (ASX: SIG) up by 3.31%.

Lithium miner Orocobre Limited (ASX: ORE) reported its quarterly result today, sending the share price higher by 2.21%.

Top performers in the ASX200 today are companies which investors have punished over the past year. G8 Education Ltd (ASX: GEM) is currently up by 5.05% and Retail Food Group Limited (ASX: RFG) is up by 5.68%.

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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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