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ALL ORDINARIES Index Up, Afterpay (ASX:APT) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.64% at lunch.

The Afterpay Touch Group Ltd (ASX: APT) share price has risen over 5.8% as the buy now, pay later business announced that it was making some organisational changes to help its future growth.

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Shares of Blackmores Limited (ASX: BKL) rose 0.5% with the vitamin company announcing who its new CEO will be in charge.

The share price of Westpac Banking Corp (ASX: WBC) is down around 0.9% with the big four ASX banks launching a defence against the proposed new responsible lending laws. The Commonwealth Bank of Australia (ASX: CBA) share price is also down 0.8%.

Speedcast International Ltd (ASX: SDA) shares have dropped a painful 38% at lunch as the remote data business warned that its half year and full year FY19 underlying EBITDA (click here to learn what EBITDA means) would be less than what investors were expecting.

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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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