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ALL ORDINARIES Index Drops, CBA (ASX:CBA) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.09% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.09% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down 0.4% with the country’s largest bank admitting that its suspended its demerger plans due to all of the issues raised in the Royal Commission.

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The Zip Co Ltd (ASX: Z1P) share price is currently down 1.2% with the buy now, pay later company returning to trade after carrying out its institutional capital raising.

Shares of Kogan.com Ltd (ASX: KGN) have risen 6.7% with the online retailer launching Kogan Marketplace, which offers a huge range of products.

Myob Group Ltd (ASX: MYO) shares are down slightly despite the accounting software business announcing that the Directors have recommended the takeover deal.

Shares of Stockland Corporation Ltd (ASX: SGP) are up 0.15% with the property owner and developer announcing that it is selling two of its assets for $143 million, with more sales to come.

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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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