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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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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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