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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.14% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.14% at lunch.

The National Australia Bank Ltd (ASX: NAB) share price is down 5% with the major bank going ex-dividend today to allocate its half year dividend.

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Infratil Ltd (ASX: IFT) shares are down almost 4% after announcing it was going ahead with the acquisition of Vodafone New Zealand.

The share price of Mayne Pharma Group Ltd (ASX: MYX) is down 13.2% after disclosing that the first four months of the 2019 calendar year have been tough for revenue and profit.

Shares of Invocare Limited (ASX: IVC) are up 2.4% after the funeral business gave a trading update for the first quarter of 2019.

Gold shares are leading the way as investors seek a safe haven away from the market volatility created by the US and China. The two leaders are the Evolution Mining Ltd (ASX: EVN) share price which is up 6.6% and the Regis Resources Limited (ASX: RRL) share price is up 5.2%.

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Disclosure: Jaz owns shares of Invocare 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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