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ALL ORDINARIES Index Up, Westpac (ASX:WBC) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.53% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.53% at lunch.

The Westpac Banking Corp (ASX: WBC) share price is the biggest gain among blue chips, it’s currently up by 1.82%.

Shares of Appen Ltd (ASX: APX) have risen by 7.6% this morning after revealing a large increase of revenue and profit in its FY18 result.

The MNF Group Ltd (ASX: MNF) share price has dropped almost 15% after revealing that profit declined slightly in its FY18 report.

Investors were pleased with what they saw in the FY18 report of Blackmores Limited (ASX: BKL), its shares are up 7% after revealing profit growth of 19%.

At the red end of the ASX tables is remote data business Speedcast International Ltd (ASX: SDA), it is down by 32% after reporting its FY18 report.

Organic infant formula business Bellamy’s Australia Ltd (ASX: BAL) is up by nearly 6% today alongside Blackmores’ share price rise.

The Australian Investors Podcast

The Rask Group’s Australian Investors Podcast is fast becoming Australia’s #1 podcast for serious investors. It provides unique insights from Australia’s best investors, entrepreneurs, authors and financial thinkers. Download the latest episode free on iTunes, CastboxYouTube or wherever you choose to listen.

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