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ALL ORDINARIES Index (XAO) Rises, Lendlease (ASX:LLC) Share Price Jumps

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.80% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.80% at lunch.

The Lendlease Group (ASX: LLC) share price has gone up 10.5% with investors being pleased with what the developer reported in its FY19 result.

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Shares of salary packaging business Smartgroup Corporation Ltd (ASX: SIQ) have been driven 22% higher thanks to its FY19 result which was released last week.

The share price of NIB Holdings Limited (ASX: NHF) fell almost 5% with investors reacting to its FY19 report and its guidance for FY20.

oOh!Media Ltd (ASX: OML) shares are down another 9.4% after last week’s earnings downgrade of expectations.

The Beach Energy Ltd (ASX: BPT) share price has risen more than 6% after announcing a large increase of its profit in its report to investors.

Another business that’s heavily in the red today is BlueScope Steel Limited (ASX: BSL) which has seen its share price fall 9.3% after FY19 result to investors.

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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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