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ALL ORDINARINES Index Down, Wesfarmers (WES) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.11% at lunch.

The big news so far today is that Wesfarmers Ltd (ASX: WES) is going to sell its Homebase/Bunnings business in the United Kingdom & Ireland for a loss. Wesfarmers’ share price is currently up 0.24%.

Aristocrat Leisure Limited (ASX: ALL) shares have risen another 5.16% today after reporting yesterday, adding to its 8% rise yesterday.

Investors have sent the Greencross Limited (ASX: GXL) share price 4% higher on rumours that it could be a private equity takeover target.

Another share to be one of the top performers today is gold stock Resolute Mining Limited (ASX: RSG), it’s up 4.42%.

Telco Vocus Group Ltd (ASX: VOC), owner of the Dodo brand, has risen 5% after confirming earlier in the week its new CEO would be an ex Telstra Corporation Ltd (ASX: TLS) executive.

A2 Milk Company Ltd (ASX: A2M) has recovered another 3.36% today after previously disappointing investors that its revenue would come under 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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