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ALL ORDINARIES Index Up, Coles (ASX:COL) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.53% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.53% at lunch.

The Coles Group Limited (ASX: COL) share price is currently down over 2%, it is registering the largest fall in the ASX 20.

Shares of QBE Insurance Group Ltd (ASX: QBE) are down 4.7% after announcing a cost cutting program and also its 2019 reinsurance program.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is up 0.85%, the airport operator just announced the income it will pay to shareholders in a couple of months.

The share price of Telstra Corporation Ltd (ASX: TLS) is up 1.15% after announcing yesterday its 5G spectrum auction wins which it hopes will drive revenue per customer and profitability higher in the future.

Cimic Group Ltd (ASX: CIM) shares are up 3.7% after it was chosen as the preferred choice to deliver Taswater capital works.

The share price of New Hope Corporation Limited (ASX: NHC) is up 7.6%, making it the biggest rise in the ASX 200.

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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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