Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.
One of the largest contributors to the rise of the index is Wesfarmers Ltd (ASX: WES), the conglomerate is up by 1.25%, CSL Limited (ASX: CSL) has also gone up by 1.49%.
Domain Holdings Australia Ltd (ASX: DHG) is up 1.1% this morning after appointing the ex-Google Australia boss as its new CEO.
The Reece Ltd (ASX: REH) share price has fallen 0.5% after announcing it has completed its US acquisition.
A2 Milk Company Ltd (ASX: A2M) shares are 4.63% higher after extending its supply agreement with Synlait Milk Ltd (ASX: SM1), which is up 1.6%.
The share price of funeral business Invocare Limited (ASX: IVC) is up 2.1% after making another regional acquisition.
Another business announcing an acquisition today was Sonic Healthcare Limited (ASX: SHL), it’s expanding in Germany after making a purchase of an operator that serves three German cities with revenue of around 20 million euros.
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!