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ALL ORDINARIES Index Up, Telstra (ASX:TLS) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.

Published November 23, 2018

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.

The share price of Telstra Corporation Ltd (ASX: TLS) is down 1.5% with the ABC reporting that contractors are launching a class action against the telecommunications business.

Shares of outdoor gear retailer Kathmandu Holdings Limited (ASX: KMD) are up 15.5% after unveiling continued sales growth so far in FY19.

The Brickworks Limited (ASX: BKW) share price is down 1.6% after announcing a USA based brick manufacturer acquisition.

Footwear business Accent Group Ltd (ASX: AX1) shares are up 18.5% after the company upgraded its profit expectations for the upcoming reporting season.

The share price of law firm IPH Ltd (ASX: IPH) is up 4.2% due to providing a trading update stating it has experienced “strong underlying like for like growth in the first four months of trading“.

Car dealership business Automotive Holdings Group Ltd (ASX: AHG) has seen its share price fall 6.3% so far after admitting that trading had been slightly lower than anticipated so far in FY19.

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