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ALL ORDINARIES Rises, CSL Shares (ASX:CSL) Falls 4%

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.24% at lunch.

The CSL Limited (ASX: CSL) share price is down 4.3% after the biotechnology business reported profit growth in its interim result.

Shares of Bapcor Ltd (ASX: BAP) are down almost 10% after the auto parts business reported profit growth, but said it would only hit the low end of its prior profit guidance.

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Investors in Tabcorp Holdings Limited (ASX: TAH) sent the share price down 3.9% on its profit report.

The SKYCITY Entertainment Group Limited (ASX: SKC) share price is down 2.6% after the New Zealand based casino company reported its half year profit.

Carsales.Com Ltd (ASX: CAR) shares are down 8.4% with the company suffering a slight decline in underlying profit due to issues in its domestic business.

The share price of Xenith IP Group Ltd (ASX: XIP) is up 18% because IPH Ltd (ASX: IPH) announced it had taken a 19.9% stake. The IPH share price is also up 3.5%.

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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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