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ALL ORDINARIES Index (XAO) Up, Westpac (ASX:WBC) Share Price Down

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.35% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.35% at lunch.

The Westpac Banking Corp (ASX: WBC) share price is down around 0.5% with APRA requiring three of the major banks to hold $500 million of operational risk capital.

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The US Federal Reserve may cut interest rates this month, which has sent the share prices of some businesses higher. For example, the Altium Limited (ASX: ALU) share price is up nearly 2%.

The share price of Netwealth Group Ltd (ASX: NWL) is up around 3% after revealing more growth of its funds under advice (FUA) to June 2019.

Infratil Ltd (ASX: IFT) shares are up around 2% after getting one step closer to acquiring Vodafone New Zealand.

The share price of Whitehaven Coal Ltd (ASX: WHC) is up after providing its quarter report for June 2019.

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Disclosure: Jaz owns shares of Altium 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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