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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.34% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.

The Telstra Corporation Ltd (ASX: TLS) share price is one of the top-performing blue chips this morning, it’s up 1.1% so far today.

Shares of Nufarm Limited (ASX: NUF) are currently in a trading halt with the agricultural chemical company raising $303 million in a capital raising. The company also unveiled its FY18 result showing 6% growth in revenue, a 1% decline in underlying EBITDA (click here to learn what EBITDA is), and a reported loss of $16 million due to the drought. The dividend was reduced to 11 cents per share.

Gold miners have made a swift recovery today, with St Barbara Ltd (ASX: SBM) up by 7.73% this morning.

Priceline owner Australian Pharmaceutical Industries Ltd (ASX: API) shares are down nearly 9% this morning, making it the worst performer on the ASX 200.

Several technology shares are up more than 3.5% today, the Appen Ltd (ASX: APX) share price is leading the pack with it being up 4.77%.

The AMP Limited (ASX: AMP) share price is up 0.47% after ending SMSF lending.

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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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