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ALL ORDINARIES Index Down, Commonwealth Bank of Australia (CBA) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.36% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.36% at lunch.

Commonwealth Bank of Australia (ASX: CBA) shares are down 0.8% at lunch on global share market worries about the state of the Turkish economy and the Lira falling heavily.

The Capilano Honey Ltd (ASX: CZZ) share price is buzzing 24.8% higher after receiving a takeover offer and also reporting its FY18 result.

Another business pleasing investors is Domain Holdings Australia Ltd (ASX: DHG), it has risen 3.3% after revealing its FY18 report.

Retail giant Wesfarmers Ltd (ASX: WES) shares are currently down 0.12%, it announced it is selling Kmart Tyre and Auto for $350 million to Continental AG.

Regional bank Bendigo and Adelaide Bank Ltd (ASX: BEN) shares are down 0.13%, it revealed a bigger dividend in its FY18 report.

The share price of retailer JB Hi-Fi Limited (ASX: JBH) has risen by 1.58% after revealing profit growth that was better than the market was expecting.

Introducing The Australian Investors Podcast

Join The Rask Group’s founder, Owen Raszkiewicz, as he profiles Australia’s best investors, founders, authors and financial thinkers. Download it free on iTunesCastboxSoundCloud or wherever you choose to listen.

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