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ALL ORDINARIES Index (XAO) Up, TPG (ASX:TPM) Share Price up 4%

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.00% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 1.00% at lunch.

The TPG Telecom Ltd (ASX: TPM) share price is up almost 4% after the telco reported its FY19 result which included lower profits and more NBN hardship expected in FY20.

Another share price on the up belongs to Myer Holdings Ltd (ASX: MYR), its share price is up 11.4% after achieving underlying profit growth in its result.

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However, the CYBG Plc (ASX: CYB) share price has dropped 19% after announcing to the market more PPI costs.

The Magellan Financial Group Ltd (ASX: MFG) share price is up around 3% after disclosing that it grew its funds under management (FUM) again in August 2019.

Coal miner Whitehaven Coal Ltd (ASX: WHC) is down 9% after going ex dividend, where new investors won’t be entitled to the upcoming dividend.

The ASX 200 company leading the gains is Nanosonics Ltd. (ASX: NAN) which has seen its share price rise over 6%.

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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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