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ALL ORDINARIES Index Up, Woolworths (WOW) Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.13% at lunch. 
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.13% at lunch.

Although the index is up, Woolworths Group Ltd (ASX: WOW) shares are down 1.77% after reporting profit growth in its FY18 result.

 Nanosonics Ltd. (ASX: NAN) shares are also down, it has fallen 3.4% after revealing a large fall of profit in its report.

Shares of pet company Greencross Limited (ASX: GXL) are up 5.3% despite reporting a big decrease of profit in FY18, however FY19 has shown continued revenue growth so far.

The share price of iron ore miner Fortescue Metals Group Limited (ASX: FMG) is down slightly 0.24% after reporting its result.

Software business Citadel Group Ltd (ASX: CGL) also reported today, the share price has risen by over 7% so far.

The private health insurer NIB Holdings Limited (ASX: NHF) unveiled profit growth and revenue growth of around 10%, but the share price has fallen nearly 2% in response.

Introducing The Australian Investors Podcast

Join The Rask Group’s founder, Owen Raszkiewicz, as he profiles Australia’s best investors, founders, authors and financial thinkers. Download it free on iTunesCastboxSoundCloud or wherever you choose to listen.

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