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ALL ORDINARIES Index Drops, Telstra (TLS) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.30% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.30% at lunch.

The Telstra Corporation Ltd (ASX: TLS) share price is up another 5.7% so far today, making it the top-performing blue chip.

Shares of technology business Altium Limited (ASX: ALU) have risen 28% today after reporting a large increase in profit yesterday.

A2 Milk Company Ltd (ASX: A2M) shares have gone up 6.2% this morning after reporting that it more than doubled its profit in FY18.

Business travel company Corporate Travel Management Ltd (ASX: CTD) shares are 1% higher this morning after reporting a 39% increase of net profit.

The share price of auto parts company Bapcor Ltd (ASX: BAP) are down nearly 4% after reporting profit grew by 48%.

Sydney Airport Holdings Pty Ltd (ASX: SYD) shares flew 2% higher after the airport operator reported that revenue grew by 8% in its half-year result.

The TPG Telecom Ltd (ASX: TPM) share price is up almost 14% after announcing it might merge with Hutchison Telecommunications (Aus) Ltd (ASX: VHA).

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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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