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ALL ORDINARIES Index (XAO) Up, IOOF (ASX:IFL) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.84% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.84% at lunch.

The IOOF Holdings Limited (ASX: IFL) share price is up over 7% after the diversified financials business won a court case against APRA, which has been told to pay the legal costs of IOOF.

Premier Investments Limited (ASX: PMV) has seen its share price increase by 13% with investors very pleased by what the diversified retailer reported in its FY19 result.

The Rural Funds Group (ASX: RFF) share price has recovered 0.3% after another negative report.

Donation tech business Pushpay Holdings Ltd (ASX: PPH) has seen its share price rise over 1% after updating the market with new FY20 guidance including likely higher operating profit.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is up 0.5% despite the airport operator reporting slightly lower total passengers in August 2018.

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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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Picture of Jaz Harrison

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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