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ALL ORDINARIES Index Down, Telstra (TLS) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.14% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.14% at lunch.

One of the biggest contributor’s to the index is Telstra Corporation Ltd (ASX: TLS), it’s down 1.2% so far.

Another large mover is Amcor Limited (ASX: AMC), the packaging company is down 4.3% after announcing to the market that it will change its main listing to the US after its Bemis acquisition.

The Wesfarmers Ltd (ASX: WES) share price is up 0.86% after announcing it will sell its Bengalla Joint Venture stake for $860 million to New Hope Corporation Limited (ASX: NHC), which is up 1.25%.

IOOF Holdings Limited (ASX: IFL) shares are slightly down 0.17% after giving investors its FY18 result.

Accounting software business Reckon Limited (ASX: RKN) is up 16.3% this morning after revealing to the market its FY18 report and also saying it is still pursing a sale of one of its business segments.

Shopping Cntrs Austrls Prprty Gp Re Ltd (ASX: SCP) shares are currently down 0.4% after reporting its FY18 result.

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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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