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ALL ORDINARIES Index Down, Telstra (TLS) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.33% at lunch on worries surrounding the fallout between the US and Turkey.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.33% at lunch on worries surrounding the fallout between the US and Turkey.

In more positive news the Telstra Corporation Ltd (ASX: TLS) share price is up 5.36% after reporting its FY18 result.

Also in the green is appliance business Breville Group Ltd (ASX: BRG) which is up 8.63% with its result.

Insurer QBE Insurance Group Ltd’s (ASX: QBE) shares are up 6.91% after reporting to investors a slight increase of profit.

However, investors did not like funeral company InvoCare Limited’s (ASX: IVC) report, sending its share price down 9.3%.

Healthcare business Sonic Healthcare Limited (ASX: SHL) is down 1.9% after delivering a healthy increase of profit in its result.

Origin Energy Ltd (ASX: ORG) reported its FY18 result earlier, investors have sent its share price down by 7%.

The share price of Iluka Resources Limited (ASX: ILU) is down nearly 6% after reporting its half year 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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