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ALL ORDINARIES Index Down, Telstra (TLS) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.45% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.45% at lunch.

However, one large business that’s in the green is Telstra Corporation Ltd (ASX: TLS), it’s up 0.7% after the telco announced leadership and organisational changes.

ELMO Software Ltd (ASX: ELO) shares are up by 5.6% after revealing to investors an 86% jump in its quarterly cash receipts and a 55% increase in its annual cash receipts.

Resource business Syrah Resources Ltd (ASX: SYR) has fallen 7.2% so far after giving its quarterly production update to the the market.

Another resource business to be down heavily today is Sandfire Resources NL (ASX: SFR) is has fallen 7% at lunch.

At the other end of the performance table is AMP Limited (ASX: AMP), the diversified financial business is up 4.5% so far. It is shrugging off negativity after announcing changes to its business and also announcing a compensation package for customers who received poor advice over the last decade.

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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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