Australia’s share market, or the All Ordinaries Index
(INDEXASX: XAO)(ASX: XAO), is currently up 0.31% at lunch.
The Commonwealth Bank of Australia (ASX: CBA) share price is down 1.35% at lunch after reporting its half year result. One of the main positives from the result was that the interim dividend was maintained at $2 per share.
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The Nick Scali Limited (ASX: NCK) share price is currently 8% in response to the furniture company’s interim profit result. Management decided to increase the dividend by more than 50% to try to provide superior returns this year.
Shares of Insurance Australia Group Ltd (ASX: IAG) are up 4.8% despite revealing a large decline in profit due to storm damage from the Sydney storm a few months ago.
Viva Energy Group Ltd (ASX: VEA) shares are up 13.5% and Coles Group Limited (ASX: COL) shares are down nearly 2% in response to the two businesses announcing a new deal for their service station arrangements.
The BWP Trust (ASX: BWP) share price is down almost 1% after the real estate investment trust (REIT) announced a slight increase to its distribution.
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