ALL ORDINARIES Index (XAO) Up, ResMed (ASX:RMD) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.64% at lunch.

ResMed (ASX: RMD) shares are leading the ASX, it has risen 13.6% after delivering its September 2019 quarter update to investors with pleasing growth.

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The Serko (ASX: SKO) share price is doing even better, it is up 37.5% at lunch after announcing a capital raising, its half year result and a strategic deal with Booking Holdings.

At the red end of the ASX 200, the Cleanaway (ASX: CWY) share price is down 14% after warning that there wouldn’t be any profit growth in its December 2019 result.

The share price of Synlait (ASX: SM1) is up 0.2% after announcing the acquisition of Dairyworks to continue is growth strategy.

Home furnishings business Adairs (ASX: ADH) gave a trading update as part of its annual general meeting (AGM), but investors weren’t impressed with the continuing growth, sending the share price down by 1.1%.

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