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ALL ORDINARIES Index Rises, CBA (ASX:CBA) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.23% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is up 0.7% as APRA announced that it was adjusting its buffer for mortgage borrowers.

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The share price of Speedcast International Ltd (ASX: SDA) is down 4.1% after affirming that it won’t be the sole beneficiary of the US contract that it won.

Magellan Financial Group Ltd (ASX: MFG) shares are flat after revealing its funds under management (FUM) at June 2019, although its share price is up strongly up over the past month.

Shares of Costa Group Holdings Ltd (ASX: CGC) are down over 2% as Frank Costa announced his retirement from the Costa Board.

The Western Areas Ltd (ASX: WSA) share price is up 2.3% after announcing the Odysseus early works have been completed on time and budget.

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Disclosure: Jaz owns shares of Costa Group Holdings at the time of writing, but this could change at any time. 

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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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