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ALL ORDINARIES Index Up, NAB (ASX:NAB) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.04% at lunch.

The National Australia Bank Ltd (ASX: NAB) share price is up 1.2% after the major bank reported its annual result for the 2018 financial year showing that profit fell, although it maintained its dividend.

Another blue chip on the rise is BHP Billiton Limited (ASX: BHP) after announcing a shareholder returns program, including a buy-back, worth US$10.4 billion. The BHP share price is up 4.4%.

The Challenger Ltd (ASX: CGF) share price is up 4.3% after responding to a recent Government announcement regarding retirement income framework.

Shares of travel business Corporate Travel Management Ltd (ASX: CTD) have recovered 6.5% at lunch after the fall yesterday due to a short seller attack.

The share price of AMP Limited (ASX: AMP) is up another 8.1% at lunch after the diversified financial business outlined some of the merits of its wealth protection sale.

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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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