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ALL ORDINARIES Index Down, DuluxGroup (ASX:DLX) Share Price Goes Bananas

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.37% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.37% at lunch.

The DuluxGroup Limited (ASX: DLX) share price has jumped 26.7% in response to a takeover approach by Nippon Paint, the DuluxGroup Board have recommended the deal to shareholders.

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Challenger Ltd (ASX: CGF) shares have declined around 6% in response to the annuity company’s underwhelming third quarter update.

The share price of BHP Group Ltd (ASX: BHP) is down 2% after the resources giant revealed its March 2019 quarter report to investors.

Shares of Australian Pharmaceutical Industries Ltd (ASX: API) are up 0.3% after the pharmacy business announced its half year result.

The Brambles Limited (ASX: BXB) share price is up almost 1% in response to the logistic giant’s March 2019 quarter trading update.

Helloworld Travel Ltd (ASX: HLO) shares are up 10% due to the travel business’ trading update for the nine months to March 2019 which showed a 8% rise in revenue to $260.5 million.

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Disclosure: Jaz owns shares of Challenger at the time of writing, but this could change at any time. 

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Picture of Jaz Harrison

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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