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ALL ORDINARIES Index Up, Wesfarmers (WES) Shares Higher

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.09% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.09% at lunch.

Several ASX businesses have reported this morning. Leading the pack is Wesfarmers Ltd (ASX: WES), it’s up by 3.56% after reporting net profit grew by 5.2%.

Healthcare giant CSL Limited (ASX: CSL) was another to please investors, its share price is up by 2.57%. after growing its profit by 28%.

The share price of Insurance Australia Group Ltd (ASX: IAG) had fallen 5.5% by lunch after the FY18 profit wasn’t as high as investors were expecting.

Job portal business SEEK Limited (ASX: SEK) shares are up nearly 1% after reporting another year of revenue growth but flat profit.

Media business Fairfax Media Limited (ASX: FXJ) is currently down 1.1% after revealing revenue declines in its FY18 result.

Share registry business Computershare Limited (ASX: CPU) shares are up 2.1% with the company reporting that statutory profit increased by 12.6% and a final dividend increase of 10.5%.

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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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