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ALL ORDINARIES Index Down, Afterpay (ASX:APT) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.91% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.91% at lunch.

The Australian share market is following the US market’s fall overnight. The ASX tech sector is hurting in-particular with Afterpay Touch Group Ltd (ASX: APT) down 4% and Altium Limited (ASX: ALU) down 3.8%.

However, WiseTech Global Ltd (ASX: WTC) has avoided the carnage, its share price is up 2.7% after upgrading its guidance for FY19.

The share price of JB Hi-Fi Limited (ASX: JBH) is down 1.3% this morning despite revealing continued sales growth in its trading update.

Shares of Super Retail Group Ltd (ASX: SUL) have fallen another 8% after it announced it would be looking for a new CEO, as well as its FY19 trading update.

AMP Limited (ASX: AMP) shares are down 5.6% after revealing plans to sell some of its business for $3.3 billion.

The Qantas Airways Limited (ASX: QAN) share price is down 3.2% at lunch with the airline operator reporting total revenue grew 6.3% to $4.41 billion in the first quarter.

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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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