ALL ORDINARIES Index Drops, ANZ Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.30% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.30% at lunch.

The share that is contributing the most to the fall in the Australian market is Australia and New Zealand Banking Group (ASX: ANZ), it is down by 2.09% after the Commonwealth Director of Public Prosecutions told the bank it intends to commence proceedings against it.

The worst performers in the ASX200 are the infant formula companies. Bellamy s Australia Ltd (ASX: BAL) is down by 4.8% and A2 Milk Company Ltd (ASX: A2M) which is down by 3.78%.

REA Group Limited (ASX: REA) shares are up 0.62% after announcing that it has completed the acquisition of Hometrack Australia.

The best performer in the ASX200 so far today is Domino’s Pizza Enterprises Ltd. (ASX: DMP), the pizza franchisor is up 4.51%.

Another of the top performers today is hearing aid company Cochlear Limited (ASX: COH), the share price is up by 2.75%.

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