S&P/ASX 200 Rises 1.2% At Lunch
The S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO), is currently up 1.22% at lunch.
The All Ordinaries Index (INDEXASX: XAO)(ASX: XAO) is also up by 1.19%, meaning it’s a fairly good day so far.
One of the biggest factors for pushing the Australian share market higher is CYBG Plc (ASX: CYB) which has risen 17.7% so far because the UK-based bank revealed better than expected.
The share price of Idp Education Ltd (ASX: IEL) is up 20.9% due to announc ing that revenue grew by 26% to $304.3 million and net profit went up by 31% to $40.7 million in its half year result to 31 December 2018.
Shares of power company AGL Energy Ltd (ASX: AGL) are currently down by 2.8% because its reported profit fell by around 50% in its half year result.
The Pendal Group Ltd (ASX: PDL) share price is up 1.5%, the funds management business announced it will acquire the other 50% stake of Governance Research & Engagement (Regnan) that it doesn’t already own.
Want to know the name and ticker code of our #1 ASX ETF for 2019? Click here to access our free investing report, including the name, ticker code and a full analysis of our favourite ETF.
Legal disclaimer: Chances are, the information you read on the BESTETFS website may contain a mix of factual information and general financial advice. Any information/advice on this website is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information and NEVER INVEST IN AN ETF OR MANAGED FUND BEFORE READING THE PRODUCT DISCLOSURE STATEMENT (PDS). If you don't read the PDS you're practically flying blind with one arm tied behind your back. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).
Check out our ETF Strategy + portfolio for ‘no fuss’ investing!