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ALL ORDINARIES Index Flat, Crown (ASX:CWN) Share Price Falls

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

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

The Crown Resorts Ltd (ASX: CWN) share price is down 8.3% because Wynn Resorts Limited (NASDAQ: WYNN) has decided to terminate its discussions about a potential acquisition.

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The share price of Webjet Limited (ASX: WEB) has risen 2.5% at lunch due to its presentation yesterday about its blockchain technology and religious pilgrimage business.

Shares of Seven West Media Ltd (ASX: SWM) are up 6.6% after the media company announced that it had completed the sale of its Yahoo7 investment to Verizon Media.

Gold miners are some of the better performers at lunch due to an uncertain day of trading. The St Barbara Ltd (ASX: SBM) share price is up 3.2% and the Northern Star Resources Ltd (ASX: NST) share price is up 2.3%.

Michael Hill International Ltd (ASX: MHJ) shareholders were hoping for more from the trading update, which saw its share price drop 6% so far.

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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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