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ALL ORDINARIES Index Down, BHP Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.37% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.37% at lunch.

The BHP Billiton Limited (ASX: BHP) share price is the biggest drag on the ASX 200 at lunch, it’s down by 2%.

Another share that’s down is Collins Foods Ltd (ASX: CKF), its full year report appears to have disappointed investors and it has dropped around 4% after releasing its result.

Trade Me Group Ltd (ASX: TME) is down 3.66% after the CEO announced he intends to step down.

Technology shares are some of the largest falls so far in the ASX 200 with Appen Ltd (ASX: APX) down by 3.66% and Altium Limited (ASX: ALU) down by 3.1%. These falls follow on from a tech sell-off in the US due to Donald Trump’s latest tariff news, with Harley Davidson saying it would make more bikes outside of the USA.

Hub24 Ltd (ASX: HUB) has dropped by 4.1% this morning after announcing a FY18 update late yesterday.

Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.

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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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