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ANZ Is Weighing On The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.07% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.07% at lunch. The Australia and New Zealand Banking Group (ASX: ANZ) share price is down by 0.74% in response to the overseas market volatility.

The Santos Ltd (ASX: STO) share price is up almost 19% on news that it has received a takeover offer at price that was a premium to last week’s last closing price. Harbour Energy could buy all the Santos shares for $6.50 if the takeover goes ahead.

Gold miners are rising because of the market volatility. Resolute Mining Limited (ASX: RSG) is up by 3.61% so far, Evolution Mining Limited (ASX: EVN) is up 2.48% today and St Barbara Ltd (ASX: SBM) is up by 2.51%.

The worst performer in the ASX200 is Aristocrat Leisure Limited (ASX: ALL), it’s down 3.84% on no official news.

A lot of shares are also in the red this morning due to overseas market volatility. Fund manager Magellan Financial Group Ltd (ASX: MFG) is down by 2.43%.

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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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