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ALL ORDINARIES Index Rises, Caltex (ASX:CTX) Share Price Sputters

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.23% at lunch.

The Caltex Australia Limited (ASX: CTX) share price is down 18.5% after the petrol business provided disappointing profit guidance for the first half of FY19. This also caused the Viva Energy Group Ltd (ASX: VEA) share price to drop by 8.7%.

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The share price of Rio Tinto Limited (ASX: RIO) is down just over 4% as it lowered its iron ore guidance for 2019.

Shares of Sydney Airport Holdings Pty Ltd (ASX: SYD) are up 2.3% as it revealed pleasing passenger growth in its May 2019.

Gold miners have all jumped today as the gold price is rising. The Resolute Mining Limited (ASX: RSG) share price is leading the way, it’s up 6.5%.

Bank of Queensland Limited (ASX: BOQ) shares are down 0.4% as we learned that its Chief Financial Officer (CFO) is going to resign after the release of the FY19 result later this year.

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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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