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ALL ORDINARIES Index Down, Telstra (ASX:TLS) Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.22% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.22% at lunch.

The Telstra Corporation Ltd (ASX: TLS) share price has given up some of its gains from the recent telco merger news, it is down 3.4%. TPG Telecom Ltd (ASX: TPM) is also down, its share price is 5.6% in the red.

Shares of bathroom and plumbing business Reece Ltd (ASX: REH) are up 0.9% after reporting its FY18 result.

The share price of data centre company Nextdc Ltd (ASX: NXT) has fallen by 1.8% after revealing its FY18 report.

Retail giant Harvey Norman Holdings Limited (ASX: HVN) shares are down 3.7% after revealing a fall of profit in its FY18 result.

The biggest gain in the ASX 200 this morning is buy now, pay later provider Afterpay Touch Group Ltd (ASX: APT), the share price is up 3.1% today.

The packaging business Orora Ltd’s (ASX: ORA) share price is up 2% after announcing an acquisition to the market.

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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