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ALL ORDINARIES Index (XAO) Up, Westpac (ASX:WBC) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.13% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.13% at lunch.

The share price of Westpac (ASX: WBC) is down 4.7% after the big ASX bank came back to trade after completing the $2 billion institutional part of its capital raising.

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The Speedcast (ASX: SDA) share price is down 2.8% after the remote communications business announced its credit rating had been reduced by S&P Global.

Pro Medicus (ASX: PME) shares are up 5.2% in further reaction to the news of yesterday’s new US contract win.

Gold shares are some of the worst fallers so far today. The Northern Star (ASX: NST) share price is down 2.4% and the St Barbara (ASX: SBM) share price is down around 3%.

Charter Hall Long WALE REIT (ASX: CLW) has returned to trade  after completing its placement and institutional entitlement offer, sending its share price down

The Cooper Energy (ASX: COE) share price is flat after updating investors about the Dombey-1DW1 drilling rig release.

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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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