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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.

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.

The Best* Finance Podcast On Earth

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.

Here’s a timeless interview with leading stockbroker, Charlie Aitken.

*As voted by us

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