ALL ORDINARIES Index Down, CSL (ASX:CSL) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.09% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.09% at lunch.

The CSL Limited (ASX: CSL) share price is leading the index higher, it’s up 2.15%. However, the Wesfarmers Ltd (ASX: WES) share price is down another 3% after its demerger from Coles Group Limited (ASX: COL).

Shares of Mineral Resources Limited (ASX: MIN) are up 24% after announcing the sale of a 50% stake in its Wodgina project. This deal appears to have boosted the lithium industry with Pilbara Minerals Ltd (ASX: PLS) up by 7%.

Infant formula businesses are up today with Bellamy’s Australia Ltd (ASX: BAL) up 8.9% and A2 Milk Company Ltd (ASX: A2M) is up 6.7%. Blackmores Limited (ASX: BKL) is also up 7.2%.

The Noni B Limited (ASX: NBL) share price is up 16.3% at lunch after presenting at its AGM. The fashion retailer said the businesses it purchased from Specialty Fashion Group Ltd (ASX: SFH), such as Katies and Rivers, would generate a day-to-day profit in FY19.

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