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ALL ORDINARIES Index Rises, Wesfarmers (ASX:WES) Shares Up

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.51% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.51% at lunch.

The Wesfarmers Ltd (ASX: WES) share price is one of the biggest risers so far, it is up 0.8%.

Insurance giant Suncorp Group Ltd (ASX: SUN) is also up by 1.7%, it is the top performer of the ASX 20.

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The share price of Bubs Australia Ltd (ASX: BUB) is up 15.8% after announcing a partnership with one of China’s largest infant formula businesses.

The Myer Holdings Ltd (ASX: MYR) share price has shot up 12.2% so far at lunch due to announcing that it had made a profit compared to the large accounting loss that it reported in the prior year’s half year result due to write-offs.

The share price of the organic infant formula business, Bellamy’s Australia Ltd (ASX: BLA), continue to rise. It has gone up another 8.2% at lunch. Its share price has risen 33% since last Thursday.

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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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