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AMP Is Weighing On the ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.5% at lunch.
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Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.5% at lunch. The AMP Limited (ASX: AMP) share price is down 1.63% after it was announced this morning that CEO Craig Meller is going to retire at the end of 2018. The AMP Board will commence a search for his replacement.

The share price of utility software company Gentrack Group Ltd (ASX: GTK) is up nearly 1% after announcing that it has signed a new contract with energy giant E.ON.

Catapult Group International Ltd (ASX: CAT) has gone into a trading because it’s undertaking a capital raising. The company will look to raise $25 million to drive growth.

The Qantas Airways Limited (ASX: QAN) share price is down 0.5% after the airline made the first non-stop trip from Perth to London.

Pizza franchisor Domino’s Pizza Enterprises Ltd. (ASX: DMP) is up 1% after it announced that team members would stay on the fast food industry award.

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