Skip to content
Join Free
My Account
Log in
Join Free
Log in
Rask Media home

The ASX 200 Danced Higher Today

The All Ordinaries (INDEXASX: XAO)(^AORD) and S&P/ASX 200 (INDEXASX: XJO) (^AXJO) ended higher on Wednesday with some pleasing market updates.

The All Ordinaries (INDEXASX: XAO)(^AORD) and S&P/ASX 200 (INDEXASX: XJO) (^AXJO) ended higher on Wednesday with some pleasing market updates.

All Ordinaries: up 0.2% at 6,053 points

ASX 200: up 0.2% at 5,950 points

All Ordinaries Movers

  • Synlait Milk Ltd (ASX: SM1) – up 14.6%
  • a2 Milk Company Ltd (ASX: A2M) (NZE: ATM) – up 3.7%
  • TPG Telecom Ltd (ASX: TPM) – up 3.8%

All Ordinaries Losers

  • Clearview Wealth Ltd (ASX: CVW) – down 7.5%
  • Cochlear Limited (ASX: COH) – down 1.8%
  • Telstra Corporation Ltd (ASX: TLS) – down 1.2%

Australian Investing News

Making ASX news today, Synlait Milk, a dairy product manufacturer from New Zealand, released its half-year report to the ASX. Synlait’s half-year revenue rose 52% with profit up 283% on the prior period.

Synlait is benefitting from the increased demand for high-quality products sold by the likes of a2 Milk Company Ltd. See what was moo-ving Synlait here.

James Packer, the billionaire casino and gaming tycoon, announced he will retire from the Crown Resorts Ltd (ASX: CWN) board of directors for personal reasons. Crown Executive Chairman, John Alexander, said: “We have appreciated James’ contribution to the Board and respect his decision to step down from his role as a director at this time.” Read more here.

TPG Telecom was again a focal point in the ASX 200 following the release of its half-year accounts yesterday. The telecommunications company also updated its guidance. Dial-up TPG’s news by clicking here.

Finally, shares of department store owner and operator Myer Holdings Ltd (ASX: MYR) ended lower today, according to Google Finance. This morning, Myer released its financial report to the market. Did you see the Myer report?

Did you know it’s free to join The Rask Group’s Investor Club Newsletter? It’s a regular (usually weekly) news and educational update on financial markets, investing and unique strategies. Join today and get ready to laugh and learn.

Click here to join The Rask Group’s Investor Club Newsletter Today

 

Hey, you, read this disclaimer: This article contains information only. It is not financial advice. It is no substitute for trusted and licensed financial advice and should not be relied upon. By using our website you agree to our Code of Ethics, Disclaimer & Terms of Use and Privacy Policy. Also, don’t forget, past performance is not a reliable indicator of future performance. 

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #563 907.

Picture of Rask Invest Research Team

Rask Invest Research Team

The Rask Invest research team produces daily ASX news and research on ASX-listed companies and funds. Join the conversation inside the free investor community. Click here to have your say.
More analysis

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account. (Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Latest stories

More insights

Better investing starts here.

Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best  insights.