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ALL ORDINARIES Index Up, Afterpay (ASX:APT) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.26% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.26% at lunch.

The Afterpay Touch Group Ltd (ASX: APT) share price is a big mover this morning, it has risen 13% after releasing an ASX announcement stating a defence of its business model. Credit Corp Group Limited (ASX: CCP) has also made a recovery today, its share price is up 5%.

Shares of pharmacy giant Australian Pharmaceutical Industries Ltd (ASX: API) are down 2% after reporting its FY18 report showing that its earnings fell 8%.

Poultry business Inghams Group Ltd (ASX: ING) is down 0.25% after it revealed that Jim Leighton would be the new CEO and Managing Director.

Organic infant formula business Bellamy’s Australia Ltd (ASX: BAL) has seen its share price fall almost 8%, making it the worst fall in the ASX 200, losing most of the gains it made yesterday. A2 Milk Company Ltd (ASX: A2M) is also down materially, it’s 3.5% in the red.

Podcast: Afterpay, Family and Investing

If you’re wanting to know more about Afterpay and how to become a better investor, this episode of Rask Group’s Australian Investors Podcast is a ‘must listen’ for serious investors. This episode provides unique insights from an Australian investor who’s keen on some ASX tech shares.

Tune in to The Australian Investors Podcast to hear from Australia’s leading investors and financial thinkers. Download the latest episode free on iTunes,  Castbox, YouTube or wherever you choose to listen.

*As voted by us

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Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

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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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