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ALL ORDINARIES Index Up, Telstra (TLS) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.

The biggest contributor to this rise has been Telstra Corporation Ltd (ASX: TLS), the embattled telco is up 2.7%

The APA Group (ASX: APA) share price has fallen 3.5% so far today with the US interest rate increase. However, the share price is still buoyed thanks to a takeover proposal.

Healthcare business Primary Health Care Limited (ASX: PRY) is down 9.3% at lunch after getting a downgrade by a broker.

However, at the green end of the share market Retail Food Group Limited (ASX: RFG) is up 8.26%, it has been under pressure since a media investigation was carried out on the franchisor.

Air New Zealand Limited (ASX: AIZ) has flown 2.4% higher after giving the market a presentation.

The Bubs Australia Ltd (ASX: BUB) share price will be watched when it resumes trading, the goat milk company went into a trading halt to raise funds and pursue growth in China.

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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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