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BHP Is Weighing On The ALL ORDINARIES Index

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.05% at lunch, it's almost flat.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.05% at lunch, it’s almost flat. The BHP Billiton Limited (ASX: BHP) share price is down by 0.7% with news that negotiations between the US and China have stalled.

The biggest gain in the ASX200 so far has been Alumina Limited (ASX: AWC), the commodity company has gone up by almost 4% today on no news.

At the other end of the market several other commodity companies are the worst performers. Syrah Resources Ltd (ASX: SYR) is down by 3.21%, Orocobre Limited (ASX: ORE) is down 3.09%, Western Areas Ltd (ASX: WSA) has fallen 2.27% and Independence Group NL (ASX: IGO) has dropped by 2.2%.

The story surrounding Blue Sky Alternative Investments Ltd (ASX: BLA) has continued. Investors seem interested today as the share price has actually risen by nearly 5% today to almost $6, although it is a long way below its high of $14.70 late last year.

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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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