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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