ALL ORDINARIES Index Down, Rio (ASX:RIO) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.29% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.29% at lunch.

Shares of Rio Tinto Limited (ASX: RIO) are down over 2% at lunch, marking it one of the main reasons for the index’s decline.

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The share price of Unibail-Rodamco-Westfield (ASX: URW) is up 0.08% after the real estate giant reported its 2018 result and declared its 2018 dividend.

Citadel Group Ltd (ASX: CGL) shares are unmoved after initially being up when the tech company announced more contract wins.

The Synlait Milk Ltd (ASX: SM1) share price is down 13.4% after the dairy business revealed its half year result, which showed a decline in profit.

Fonterra Shareholders’ Fund (ASX: FSF) shares are 1.7% after the dairy company also announced its half year result.

The share price of Corporate Travel Management Ltd (ASX: CTD) is up 4.2% with the travel business giving investors a presentation about its global growth plans.

OFX Group Ltd (ASX: OFX) shares are down 8.8% due to giving a trading update that wasn’t up to investor expectations.

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