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ALL ORDINARIES Index (XAO) Rises, Nanosonics (ASX:NAN) Share Price Goes Bananas

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.43% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.43% at lunch.

The Nanosonics Ltd. (ASX: NAN) share price has jumped almost 26% with investors loving what the healthcare company reported in FY19 and guided for FY20.

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The share price of Rural Funds Group (ASX: RFF) is up 2.5% after reporting its FY19 result, providing guidance for FY20 and releasing the Ernest & Young response to the short seller attack.

Petrol business Caltex Australia Limited (ASX: CTX) revealed a disappointing set of numbers, resulting in the share price falling over 4% so far at lunch.

It was a far more painful reaction for the Inghams Group Ltd (ASX: ING) share price in response to the FY19 report, investors cracked it lower by 19%.

The Wesfarmers Ltd (ASX: WES) share price rose by 0.6% with investors pleased by what the retail giant revealed to investors, including another good dividend.

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Disclosure: Jaz owns shares of Rural Funds 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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