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

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.33% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.33% at lunch.

The Crown Resorts Ltd (ASX: CWN) share price is down 5% as the market learned that James Packer’s holding company CPH is going to sell 19.99% of Crown to Melco Resorts for $13 per share.

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The share price of Eclipx Group Ltd (ASX: ECX) is up 12.7% with the leasing company reporting its half year result to 31 March 2019.

The share price of Boral Limited (ASX: BLD) is up a further 2.7% on an update to the market about its FY19 progress.

AGL Energy Ltd (ASX: AGL) shares are down 1.3% as we learned that it had made a bid for telecommunications infrastructure business Vocus Group Ltd (ASX: VOC).

Shares of Link Administration Holdings Ltd (ASX: LNK) are down almost 20% because the financial services company provided downgraded guidance for the upcoming FY19 result.

The Lynas Corporation Ltd (ASX: LYC) share price is up another 9.5% after highlighting the fact that Malaysian Prime Minister acknowledged the importance of Lynas’ operations in the country.

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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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