ALL ORDINARIES Index Higher, AMP (ASX:AMP) Shares Drop

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.40% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.40% at lunch.

The AMP Limited (ASX: AMP) share price is down 5.5% with the diversified financial business announcing a large dividend cut as part of its upcoming FY18 result.

Another business showing an even bigger decline is ResMed Inc (ASX: RMD), it is currently down 9.5% after reporting its second quarter result of FY19.

[ls_content_block id=”15717″ para=”paragraphs”]

At the positive end of the ASX is Iluka Resources Limited (ASX: ILU) which is 7.1% higher as a result of announcing its Pejebu Inaugural Mineral Resource Estimate.

The Auscann Group Holdings Ltd (ASX: AC8) share price is 2.4% higher because it announced it has acquired a research & development facility in Perth for $5.25 million.

Priceline operator Australian Pharmaceutical Industries Ltd (ASX: API) shares are down 6% with it one of the worst fallers in the ASX 200.

TV business Nine Entertainment Co Holdings Ltd (ASX: NEC) shares are up 4.6% at lunch.

[ls_content_block id=”14948″ para=”paragraphs”]

Better investing starts here.

Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best  insights.

Skip to content