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ALL ORDINARIES Index Down, BHP (ASX:BHP) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.26% at lunch.
Lunch ASX update

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.26% at lunch.

One of the leading causes for the index’s fall is resource giant BHP Billiton Limited’s (ASX: BHP) share price is down 1.4% so far.

Personal care business Asaleo Care Ltd (ASX: AHY) shares are up 38.4% due to announcing the sale of its Australian Consumer Tissue business for $180 million, which includes Handee and Sorbent.

The MNF Group Ltd (ASX: MNF) share price is up 0.25% with it seemingly the winner to acquire Inabox Group Ltd’s (ASX: IAB) operating businesses. Inabox is currently in a trading halt.

Shares of Afterpay Touch Group Ltd (ASX: APT) are down 4% so far, following the US tech sector down. It was also reported that some borrowers may struggle to get a mortgage if they use Afterpay. Altium Limited (ASX: ALU) is also down 3.66%.

The ASX 200 share that is up the most is Automotive Holdings Group Ltd (ASX: AHG) which is up 4.46%. It was announced after close yesterday that one of the directors bought some shares.

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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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