Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

ALL Ordinaries Index Down, Telstra (TLS) Shares Rise Again

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.06% at lunch.
Picture of Jaz Harrison

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.
More analysis

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.06% at lunch.

Telstra Corporation Ltd (ASX: TLS) is yet again another of the highest-performing blue chips today, it’s up 3.67% after yesterday’s news of a potential merger between TPG Telecom Ltd (ASX: TPM) (up 9.8% today)  and Hutchison Telecommunications (Aus) Ltd (ASX: HTA) (up 65% today). Some analysts believe this could mark the end of mobile price wars.

Another share doing well today is Webjet Limited (ASX: WEB), it’s up 13% this morning after reporting.

The Qantas Airways Limited (ASX: QAN) share price has fallen 5.2% this morning after reporting and warning of higher oil costs in FY19.

Buy now, pay later provider Afterpay Touch Group Ltd (ASX: APT) shares are in a trading halt after announcing a capital raising, its FY18 result and revealing it’s expanding into the UK.

Oil company Santos Ltd (ASX: STO) shares are 8.7% higher after doubling its half year profit and announcing the US$2.15 billion acquisition of Quadrant Energy.

The share price of Flight Centre Travel Group Ltd (ASX: FLT) is down 8.1% this morning after reporting its FY18 result and also coming under scrutiny in an ABC investigation.

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 iTunes, Castbox, SoundCloud or wherever you choose to listen.

itunessoundcloudcastboxdownload

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Latest stories

Free passive income report
Skip to content