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ALL ORDINARIES Flat, MYOB (ASX:MYO) Shares Rise

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

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

The Myob Group Ltd (ASX: MYO) share price is up by 14% at midday because the accounting software business announced that its directors are recommending the KKR takeover offer to shareholders.

Shares of telco Vocus Group Ltd (ASX: VOC) are down 1.6% despite announcing a new partnership deal with Optus for 5G & future technologies.

Flight Centre Travel Group Ltd (ASX: FLT) shares are up nearly 1% after agreeing to acquire Silicon Valley based Casto Travel to increase its presence in the US$300 billion US corporate travel market.

The IOOF Holdings Limited (ASX: IFL) share price is up 5.1%. Late on Friday the financial business announced that it has agreed to APRA licence conditions and has a timetable to meet various requirements.

Shareholders of Pilbara Minerals Ltd (ASX: PLS) are getting an early Christmas present from Santa, its share price is up 8.6%, it has created the second biggest rise behind MYOB in the ASX200.

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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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