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ALL ORDINARIES Index Down, BOQ (ASX:BOQ) Share Price Drops

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.32% at lunch.
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Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.32% at lunch.

The Bank of Queensland Limited (ASX: BOQ) share price is down 4.7% in early trading after the regional bank unveiled a drop in profit and a reduction of the dividend.

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The share price of Seven West Media Ltd (ASX: SWM) is up nearly 4% with the media company announcing yesterday that it had completed the sale of its stake of Yahoo7.

Another business that is rising today is the Unibail-Rodamco-Westfield (ASX: URW) share price which is up 3.2%, the real estate business just sold an office building for €850 million.

The Insurance Australia Group Ltd (ASX: IAG) share price is down 0.8% after revealing it is being sued.

The Sims Metal Management Ltd (ASX: SGM) share price is down another 3.7%, it is showing one of the worst declines in the ASX200.

Shares of Fluence Corporation Ltd (ASX: FLC) are down 0.91%, Rask writer Jack Magann recently wrote about it.

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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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