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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.
Lunch ASX update

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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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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