Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has been hit for six this morning, it’s currently down 2.93%.
Normally I like to start the lunch update with some of the biggest risers, but the only shares showing neutral or green returns in the ASX200 today are gold stocks. The best performing of those gold stocks, Regis Resources Limited (ASX: RRL), is up by 0.48%.
There is a sea of red for stocks in negative territory due to US markets falling.
Fund manager Magellan Financial Group Ltd (ASX: MFG) is down almost 7% after releasing its half year report.
Globally-focused big bank Macquarie Group Ltd (ASX: MQG) also released a guidance update today, its share price is down by 5.33%.
Other shares to drop more than 6.5% include WiseTech Global Ltd (ASX: WTC) which is down by 9.06%, Asia-focused fund manager Platinum Asset Management Limited (ASX: PTM) is down by 7.6%, Nanosonics Ltd (ASX: NAN) is down by 7.17% and pet business Greencross Limited (ASX: GXL) is down by 6.93%.
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