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ALL ORDINARIES Index Down, Westpac (WBC) Goes Ex Dividend

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.29% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.29% at lunch.

The Westpac Banking Corp (ASX: WBC) share price is down 3.7% due to the share going ‘ex-dividend’. This is when the dividend is allocated to shareholders who held shares yesterday, meaning today’s buyers miss out on the dividend.

Transurban Group (ASX: TCL) has fallen 2.4% after the Australian Competition & Consumer Commission (ACCC) announced it was concerned about Transurban’s interest in WestConnex and suggested an alternative bidder could drive competition.

Paint company DuluxGroup Limited (ASX: DLX) reported its half-year result today, the shares are currently down 0.87% in response.

Donation software business Pushpay Holdings Ltd (ASX: PPH) (NZE: PPH) has dropped 5.26% after reporting its 2018 result.

Oil company Santos Ltd (ASX: STO) has dropped 1.7% so far today after receiving a revised bid from Harbour Energy.

Finally, a2 Milk Company Ltd (ASX: A2M) has recovered 3.75% this morning after its large fall yesterday due to revenue coming in lower than the market’s expectations.

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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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