Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.55% at lunch.
The share prices of the big banks are among the decliners. The Commonwealth Bank of Australia (ASX: CBA) share price is down 1.36% and Westpac Banking Corp (ASX: WBC) shares are down 1.75%. Corelogic just revealed that national house prices fell by 0.5% in September 2018.
Other blue chips in the red include Australia and New Zealand Banking Group (ASX: ANZ) down 1.53%, National Australia Bank Ltd (ASX: NAB) down by 0.9% and Telstra Corporation Ltd (ASX: TLS) down by 0.63%.
The share price of gold miner Northern Star Resources Ltd (ASX: NST) is up 0.66% after announcing the completion of its acquisition of the Pogo Gold Project.
Shares of lithium miner Orocobre Limited (ASX: ORE) are down 0.6% after announcing a new managing director and CEO.
The share price of Silver Chef Limited (ASX: SIV) is down with the company reporting a loss of $48.8 million.
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