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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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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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