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ASX Wednesday Lunchtime Market Update

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), hasn't had a good day so far, it's currently down 0.42%.

Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), hasn’t had a good day so far, it’s currently down 0.42%.

Sirtex Medical Limited (ASX: SRX) has been the main mover in the ASX200 so far today. It is up 12.84% on news that earnings before interest, tax, depreciation and amortisation (EBITDA) is up in the first half of FY18 by 16%.

One of the biggest talking points of the day has been that cryptocurrencies have suffered huge losses. Bitcoin is down 19%, Ethereum is down 23%, Bitcoin Cash is down 27% and Ripple is down 34%. News that South Korean and Chinese governments plan to ban crytocurrency has not gone down well.

Lithium miners Galaxy Resources Limited (ASX: GXY) and Pilbara Minerals Ltd (ASX: PLS) are the two worst performers in the ASX200 so far, they are down by 4.71% and 4.46% respectively.

Afterpay Touch Group Ltd (ASX: APT) has continued its hot streak by rising a further 2.43% today after yesteday’s news of its expansion into the USA.

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