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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.39% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.39% at lunch.

The Coles Group Limited (ASX: COL) share price is leading the ASX blue chips, its share price is 1.87% higher so far.

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Shares of Sims Metal Management Ltd (ASX: SGM) are down 14.4% with the company admitting that the international economic turmoil was having an impact, with it downgrading its earnings expectations.

The Australian Foundation Investment Co.Ltd. (ASX: AFI) share price is 0.8% higher after the listed investment company (LIC) announced it would pay a special dividend of 8 cents per share after reporting its half year result.

Healthscope Ltd (ASX: HSO) shares are 0.2% higher, the private hospital operator told the market how the potential takeover bid from Brookfield is progressing.

The share price of Treasury Wine Estates Ltd (ASX: TWE) is up 0.33% after announcing its Chief Operating Officer (COO) Robert Foye had breached its internal policies, so he has left the company “effective immediately”.

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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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