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ALL ORDINARIES Index Up, Telstra (ASX:TLS) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.11% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.11% at lunch.

However, Telstra Corporation Ltd (ASX: TLS) is firmly in the red, the Telstra share price is down 1.7% with investors perhaps worried about the 5G plan that Optus just unveiled.

Helping the ASX index stay in the green is BHP Group Ltd (ASX: BHP), it’s higher by 1.3% and just paid its large special dividend to investors.

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Shares of debt collector Collection House Limited (ASX: CLH) are currently up 1.9% due to announcing a Kiwi acquisition, with management aiming for Collection House to become the major player in New Zealand.

The Beach Energy Limited (ASX: BPT) share price is up more than 7% after revealing its December 2018 quarter figures and also upgrading production guidance for FY19.

Independence Group NL (ASX: IGO) shares are nearly 6% higher at lunch with the resources business reporting its half year result to December 2018. It reported revenue of $356 million and net profit after tax of $0.9 million.

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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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