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ALL ORDINARIES Index Falls, Suncorp (SUN) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.12% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.12% at lunch.

One of the largest detractors to the index’s performance was Suncorp Group Ltd (ASX: SUN), it is down 1.2% today after reporting yesterday.

The share price of property website business REA Group Limited (ASX: REA), it reported continued profit growth in its FY18 result and the share price is up 2.1% so far.

Another company to report today was baby item one-stop-shop retailer Baby Bunting Group Ltd (ASX: BBN) which is up 28%, it said that FY19 sales growth so far has been a lot better than FY18.

Magellan Financial Group Ltd (ASX: MFG) has fallen 1% after yesterday’s positive response to the big dividend increase.

The share price of James Hardie Industries plc (ASX: JHX) is down 7.4% after it revealed its quarter’s result. For the three months ending 30 June 2018 it showed revenue growth of 28% and profit growth of 58%.

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