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ALL ORDINARIES Index Falls, Suncorp (SUN) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.12% at lunch.

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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.12% at lunch.

One of the largest detractors to the index’s performance was Suncorp Group Ltd (ASX: SUN), it is down 1.2% today after reporting yesterday.

The share price of property website business REA Group Limited (ASX: REA), it reported continued profit growth in its FY18 result and the share price is up 2.1% so far.

Another company to report today was baby item one-stop-shop retailer Baby Bunting Group Ltd (ASX: BBN) which is up 28%, it said that FY19 sales growth so far has been a lot better than FY18.

Magellan Financial Group Ltd (ASX: MFG) has fallen 1% after yesterday’s positive response to the big dividend increase.

The share price of James Hardie Industries plc (ASX: JHX) is down 7.4% after it revealed its quarter’s result. For the three months ending 30 June 2018 it showed revenue growth of 28% and profit growth of 58%.

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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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