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ALL ORDINARIES Index Up, Westpac Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.02% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.02% at lunch.

The Westpac Banking Corp (ASX: WBC) share price is up 0.58%, making it the top performing bank today.

Afterpay Touch Group Ltd (ASX: APT) shares are up 9.7% today, making it the biggest riser in the ASX 200.

Currently, the Gentrack Group Ltd (ASX: GTK) share price is unchanged after announcing new contract wins and reaffirming its long-term profit growth target.

The share price of Mayne Pharma Group Ltd (ASX: MYX) is up 3.83% after Amazon announced it was going to acquire a US pharmacy business.

The Retail Food Group Limited (ASX: RFG) share price is up 0.47% after it gave an update regarding its debt facilities, lenders have agreed to waiver testing of the financial covenants under the company’s senior debt facilities with respect to the period ending 30 June 2018. However, Retail Food Group will be subject to additional reporting obligations.

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.

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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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