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ALL ORDINARIES Index (XAO) Down, Medibank (ASX:MPL) Share Price Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down  0.04% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down  0.04% at lunch.

The Medibank (ASX: MPL) share price is down almost 8% after the private health insurer disclosed that its claims expense is rising faster than previously expected.

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Fund manager Pendal (ASX: PDL) has seen its share price rise around 9% after reporting its FY19 result which included a profit fall and a dividend cut.

The share price of Pushpay (ASX: PPH) has jumped 6.5% after the donation business reported a sharp increase in profit in its FY20 interim result.

The Bubs (ASX: BUB) share price is up 2% after the dairy business announced a new deal with Alibaba.

Brickworks (ASX: BKW) has made another acquisition of a brick maker in the US, it’s now the market leader in the north east of the US.

The share price of Boral (ASX: BLD) is down almost 3% after providing a trading update and updating its FY20 expectations.

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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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