ALL ORDINARIES Down, NAB (ASX:NAB) Shares Fall

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

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

The National Australia Bank Ltd (ASX: NAB) share price is down 1.8% this morning. Last week the bank lost both its CEO and Chairman as they handed in their resignations.

NAB isn’t the only large bank in the red by more than 1%. The Westpac Banking Corp (ASX: WBC) share price is down 1.8% as well, Australia and New Zealand Banking Group (ASX: ANZ) shares are down 1.6% and the Commonwealth Bank of Australia (ASX: CBA) share price is down 1.3% at lunch

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

The Bendigo and Adelaide Bank Ltd (ASX: BEN) share price is down 4.4% with investors responding to its half year report, which showed a drop in profit.

Shares of JB Hi-Fi Limited (ASX: JBH) are up 2.75% after the electronics retailer beat expectations with its half year result and forecast profit growth for the full 2019 year.

Packaging business Amcor Limited (ASX: AMC) sent its share price up 1.4% this morning after reporting its profit figures to the market.

[ls_content_block id=”14946″ 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