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ALL ORDINARIES Index Down, Coles (ASX:COL) Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.48% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.48% at lunch.

The Coles Group Limited (ASX: COL) share price is one of the blue chips registering the largest falls at lunch, its share price is down by 1.1%.

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Despite Lynas Corporation Ltd (ASX: LYC) rejecting the initial takeover bid from Wesfarmers Ltd (ASX: WES), the Lynas share price is up 1.9% and the Wesfarmers share price is flat. Investors may be expecting another bid from Wesfarmers.

Eclipx Group Ltd (ASX: ECX) shares are up nearly 20% after the company gave a market update to investors.

The Beach Energy Ltd (ASX: BPT) share price is up 3% with the oil price rising over the past 24 hours.

The share price of Challenger Ltd (ASX: CGF) is currently up another 2.7% in response to the annuity company’s expanded relationship with MS Primary.

Shares of salmon farmer Tassal Group Limited (ASX: TGR) are down 5%, making it the worst performer in the ASX200.

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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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