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ALL ORDINARIES Index (XAO) Down, CBA (ASX:CBA) Share Price Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.25% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price has fallen 1.6% after the major bank reported its FY19 result to investors, which included a flat dividend.

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The share price of Transurban Group (ASX: TCL) is in a trading halt as it reported its FY19 result and also announced a capital raising.

Suncorp Group Ltd (ASX: SUN) has been another to report its FY19 numbers to the market, sending the share price higher by 4.4%.

Lithium business Galaxy Resources Limited (ASX: GXY) announced a large write down today, so the share price has fallen 1.75% in response.

Pub property owner ALE Property Group (ASX: LEP) revealed a slight increase of the distribution in its FY19 report, but that wasn’t enough to stop the share price dropping 1.5%.

Gold miners are having another strong day, leading the pack in the ASX 200 is Resolute Mining Limited (ASX: RSG), its share price is up 7.1%.

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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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