ALL ORDINARIES Index Down, Coles (ASX:COL) Falls

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.91% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.91% at lunch.

The Coles Group Limited (ASX: COL) share price is down by 2.5% after it emerged that Amazon plans to step up its pressure.

Shares of pharmacy business Sigma Healthcare Ltd (ASX: SIG) are currently in a trading halt because it has received a large takeover offer from pharmacy peer Australian Pharmaceutical Industries Ltd (ASX: API). The API share price is currently up 1.7% after outlining what some of the benefits of the deal would be.

The share price of Arena REIT No 1 (ASX: ARF) is currently flat despite announcing what its upcoming distribution payment to unitholders will be. The childcare industry is starting to see a recovery of occupancy levels.

Shares of property business DEXUS Property Group (ASX: DXS) are up by 2% because the landlord announced that its portfolio has seen a $405 million increase in value.

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