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ALL ORDINARIES Index Down, Appen (ASX:APX) Shares Halted

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.20% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.20% at lunch.

Appen Ltd (ASX: APX) shares went into a trading halt this morning after the machine learning business announced a major US based acquisition for at least US$175 to diversify its earnings.

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The share price of gold miner Newcrest Mining Limited (ASX: NCM) is up over 3.5% with the resource company announcing an acquisition. It’s acquiring a 70% stake and the operatorship of the Red Chris mine for US$806.5 million.

Shares of Santos Ltd (ASX: STO) are down more than 2% after it signed an non-binding memorandum of understanding for the use of a gas-processing facility.

Afterpay Touch Group Ltd (ASX: APT) shares are also up more than 3.5%, making it one of the best performing ASX 200 shares.

The Invocare Limited (ASX: IVC) share price is down nearly 2.6% with the funeral operator returning trade after completing the institutional part of its capital raising.

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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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