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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.18% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.18% at lunch.

The Fortescue Metals Group Limited (ASX: FMG) share price is down over 8% after going ex-dividend.

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The share price of IOOF Holdings Limited (ASX: IFL) is down 4.7% as investors react to the latest update regarding the APRA process.

Serko Ltd (ASX: SKO) shares are down 1.9% after the New Zealand travel software business released its full year report.

Shares of SKYCITY Entertainment Group Limited (ASX: SKC) are up 0.8% with the company announcing it was going to set up an online casino gaming operation.

The Pro Medicus Limited (ASX: PME) share price is up another 4.5% as investors clamour to get hold of shares of the hot business.

The construction industry continues to gain confidence after the election with the Adelaide Brighton Ltd. (ASX: ABC) share price up 4.6%.

Leading the ASX is the share price of lithium miner Pilbara Minerals Ltd (ASX: PLS) which is up 5.8%.

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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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