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ALL ORDINARIES Index Up, CSL Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.66% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.66% at lunch.

The biggest piece of news today is that Ramsay Health Care Limited (ASX: RHC) downgraded its FY18 profit guidance, which has sent the share price down 8.28% in morning trade.

Bellamy’s Australia Ltd (ASX: BAL) shares are currently up nearly 5% after announcing that it is increasing its production.

The share price of Woolworths Group Ltd (ASX: WOW) is up 0.61% after it announced the agreement with BP regarding Woolies’ service stations would no longer be going ahead.

Shares of software business Gentrack Group Ltd (ASX: GTK) are currently down 0.44% after the company announced a UK acquisition worth around $44.2 million, it will give the business more access to the big UK energy suppliers.

Many of the pot stocks are higher today, such as Auscann Group Holdings Ltd (ASX: AC8 which is up 8%, after the Canadian government announced that it was legalising recreational cannabis.

Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.

That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

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