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ALL ORDINARIES Index Rises, TPG Telecom (ASX:TPG) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.25% at lunch.

The TPG Telecom Ltd (ASX: TPM) share price is up 18.3% this morning after the merger with Vodafone Hutchison Telecommunications (Aus) Ltd (ASX: HTA) is going ahead. The Vodafone share price has climbed 52% so far.

Private hospital business Ramsay Health Care Limited (ASX: RHC) shares are down 5.4% this morning after reporting a tough year in FY18.

The Domino’s Pizza Enterprises Ltd. (ASX: DMP) share price is down 2.8% this morning after an article in the AFR questioned Domino’s tax bill.

Sandfire Resources NL (ASX: SFR) shares are 5.5% higher today after reporting its 2018 financial year result.

Another share in the green is data centre business Nextdc Ltd (ASX: NXT), it has risen 5% on no company specific news.

Construction company Boral Limited (ASX: BLD) shares are up another 4.2% this morning with investors pleased with what they saw in its FY18 report.

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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