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CSL Is Weighing On The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.59% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.59% at lunch. The CSL Limited (ASX: CSL) share price is down by 0.95% following a broad sell-off in the US share markets.

The Rio Tinto Limited (ASX: RIO) share price is down 0.3% after announcing that it would sell its Kestrel Mine for US$2.25 billion.

a2 Milk Company Ltd (ASX: A2M) is down by over 6% this morning after news came that Nestle is launching its own A2 protein infant formula called Atwo.

Resource shares are taking a hit today with Syrah Resources Ltd (ASX: SYR) down by 5.56%, Fortescue Metals Group Limited (ASX: FMG) down by 4.04% and Galaxy Resources Limited (ASX: GXY) down by 3.56%.

WiseTech Global Ltd (ASX: WTC) is the other ASX 200 share to register a large fall so far today, it’s down by 4.58%.

At the other end of the market Graincorp Ltd (ASX: GNC) is gaining ground, it’s up by 2.9%.

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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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