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ALL ORDINARIES Index Down, Telstra (ASX:TLS) Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.07% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.07% at lunch.

The market continues to be volatile. Telstra Corporation Ltd (ASX: TLS) shares are down 1.13%.

Some of the technology shares are recovering their losses from yesterday with Afterpay Touch Group Ltd (ASX: APT) up by 7% and WiseTech Global Ltd (ASX: WTC) up by 5.9%.

The share price of Domain Holdings Australia Ltd (ASX: DHG) is down 12.5%, Nine Entertainment Co Holdings Ltd (ASX: NEC) is down 14.5% and Fairfax Media Limited (ASX: FXJ) is down nearly 14% after investors were disappointed with their trading updates. Domain’s showed total revenue fell 1%.

Shares of bed linen business Adairs Ltd (ASX: ADH) are up 2.1% after it reported a trading update with high like for like sales which pleased investors.

The share price of Nextdc Ltd (ASX: NXT) is down 1% at lunch after confirming it now owns 97% of Asia Pacific Data Centre Group (ASX: AJD) shares.

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The Rask Group’s Australian Investors Podcast is fast becoming Australia’s #1 podcast for serious investors. It provides unique insights from Australia’s best investors, entrepreneurs, authors and financial thinkers. Download the latest episode free on iTunesCastboxYouTube or wherever you choose to listen.

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