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Telstra Lags As The ALL ORDINARIES Index Declines

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.22% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.22% at lunch. The worst performing share out of the top 10 is Telstra Corporation Ltd (ASX: TLS), it’s down by 0.64%.

One of the biggest pieces of news today is that AMP Limited’s (ASX: AMP) CEO, Craig Meller, is stepping down. Investors seemed to like this news, the share price is up 1.16%.

The Challenger Ltd (ASX: CGF) share price has sprung back 2% this morning after investors initially responded negatively to the quarterly figures release yesterday.

Advertising company APN Outdoor Group Ltd (ASX: APO) gave an update in its annual general meeting presentation today, the market sent its share price down 3.6%.

Gold miner Evolution Mining Limited (ASX: EVN) released its quarterly review yesterday, however investors have sent the price down 7.1% so far.

At the green end of the ASX200 performance table Seven West Media Ltd (ASX: SWM) is up nearly 3% on news it’s considering a takeover offer for Fairfax Media Limited (ASX: FXJ).

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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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