ALL ORDINARIES Index Down, Coles (ASX:COL) Shares Rise

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.11% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.11% at lunch.

Despite the overall market being down, Coles Group Limited (ASX: COL) shares are up early 2%.

The share price of natural beauty business BWX Limited (ASX: BWX) has fallen 39% after downgrading its profit expectations for FY19. The Sukin owner is now only expecting EBITDA to be between $27 million to $32 million in FY19.

Shares of Sydney Airport Holdings Ltd (ASX: SYD) are down by 0.4% after revealing more international growth in its November 2018 update.

Propel Funeral Partners Ltd (ASX: PFP) shares are up 0.8%, the funeral business said that the death rate in Australia was down compared to last year. This also sent the InvoCare Limited (ASX: IVC) share price down by 5.7%.

The Myob Group Ltd (ASX: MYO) share price is down by 11% at lunch, the accounting software business said that after KKR had done its due diligence after its preliminary takeover offer, it has decided to revise its offer down to $3.40 per share. But, the share price has fallen to $3.

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