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ALL ORDINARIES Index Down, Commonwealth Bank of Australia (ASX:CBA) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.55% at lunch.
Lunch ASX update

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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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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