Smartgroup Corporation Ltd (ASX:SIQ) is a salary packaging business that was set up in 1999 as ‘Smartsalary’. After many acquisitions, Smartgroup now operates fleet management and a range of other employee management services.
The Smartgroup Corporation Ltd (ASX:SIQ) share price rose in reaction to the company’s 2019 half year result.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.02% at lunch.
In the S&P/ASX20 Index, the mining company South32 Ltd (ASX: S32) is going to be added but QBE Insurance Group Ltd (ASX: QBE) is going to be removed.