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ALL ORDINARIES Rises, Telstra (ASX:TLS) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.07% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 1.07% at lunch.

Leading the ASX 20 is Telstra Corporation Ltd (ASX: TLS), its shares are up 2.53% on a positive day for the ASX. Woodside Petroleum Limited (ASX: WPL) and Macquarie Group Ltd (ASX: MQG) are up 2.7% and 1.7% respectively.

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The Healius Ltd (ASX: HLS), formerly Primary Health Care Limited (ASX: PRY) share price is up 12.3% to $2.74 after receiving preliminary takeover offer at $3.25 per share.

Travel & adventure outdoor retailer Kathmandu Holdings Ltd (ASX: KMD) shares are down 13.7% because it downgraded its profit guidance for the first half of FY19 because of a disappointing December, particularly in its New Zealand stores. However, the company still expects to report growth for the upcoming report compared to the prior year.

The Pilbara Minerals Ltd (ASX: PLS) share price is up 13.6%, the lithium miner revealed it has received funding for its Stage 2 Pilganoora expansion and also it’s considering a larger South Korean joint venture chemical conversion facility.

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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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