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ALL ORDINARIES Index Up, TPG (ASX:TPM) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.48% at lunch.

The TPG Telecom Ltd (ASX: TPM) share price is up almost another 4% today as investors become more confident on the idea that the merger with Hutchison Telecommunications (Aus) Ltd (ASX: HTA) will go through.

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The share price of REA Group Limited (ASX: REA) is up 1.3% after revealing more revenue, operating profit and free cash flow growth in its FY19 third quarter report.

Infratil Ltd (ASX: IFT) shares went into a trading halt this morning with the company announcing that it is in discussions to acquire Vodafone New Zealand.

One of the biggest gains today on the ASX 200 belongs to Xero Limited (ASX: XRO), which is up by 3.2%.

The Oil Search Limited (ASX: OSH) share price is up 1.1% with the resources company holding its annual general meeting (AGM) today. Investors liked what they heard from the company’s management addresses.

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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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