ALL ORDINARIES Index Down, Wesfarmers (ASX:WES) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.29% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.29% at lunch.

The Wesfarmers Ltd (ASX: WES) share price is registering one of the largest falls out of Australia’s blue chips, its share price is down 0.9% with the company approving the de-merger of Coles last week.

Financial technology business Hub24 Ltd (ASX: HUB) shares are up 2.6% with the company holding its AGM and announcing a medium-term goal.

Funeral business Propel Funeral Partners Ltd (ASX: PFP) is up 1.5% due to announcing an acquisition based in NSW.

Shares of Medibank Private Limited (ASX: MPL) have gone into a trading halt with the private health insurer expecting to make an announcement regarding the outcome of a tender process.

The Fairfax Media Limited (ASX: FXJ) share price is up nearly 2% after the Fairfax Board said that the merger with Nine Entertainment Co Holdings Ltd (ASX: NEC) will go ahead despite a letter from former Domain Holdings Australia Ltd (ASX: DHG) Antony Catalano trying to stop the deal.

Read Next: 3 Proven ASX Shares

The Rask Group Pty Ltd has issued its latest investing research report on 3 proven ASX dividend + growth sharesClick here to access the free report. No credit card or payment required. (sponsored)

Better investing starts here.

Get Owen’s free Sunday morning newsletter, 
with the best insights in Australia delivered to your inbox.

Skip to content