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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 0.26% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.26% at lunch. The CSL Limited (ASX: CSL) share price is down by just over 1% in response to President Donald Trump of the United States threatening to impose a further US$100 billion of tariffs onto China due to the impasse about access to the Chinese market and the Chinese approach to American intellectual property.

Tech stock Altium Limited (ASX: ALU) is another business that is suffering from the US tariff news because it is now based in America, it has fallen by 2.63% so far today.

Blue Sky Alternative Investments Ltd (ASX: BLA) has fallen by a further 18.68% today because it is embroiled with Glaucus about its fee-earning funds.

At the green end of the ASX200 performance table the lithium miners are the ones charging up the returns. Orocobre Limited (ASX: ORE) is up by 5.27%, Galaxy Resources Limited (ASX: GXY) is up by 3.46% and Pilbara Minerals Ltd (ASX: PLS) is up by 1.85%.

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Hey, you, read this disclaimer: This article contains information only. It is not financial advice. It is no substitute for trusted and licensed financial advice and should not be relied upon. By using our website you agree to our Code of Ethics, Disclaimer & Terms of Use and Privacy Policy. Also, don’t forget, past performance is not a reliable indicator of future performance. 

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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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