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ALL ORDINARIES Index Down, AMP (ASX:AMP) Share Price Crumples

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.56% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.56% at lunch.

The AMP Limited (ASX: AMP) share price has dropped over 15% as the company said that the AMP Life sale may no longer go ahead and therefore the interim dividend is likely to be cancelled.

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The share price of Elders Ltd (ASX: ELD) went into a trading halt this morning as it announced an acquisition and a capital rising to fund that acquisition.

It has been a painful morning for the Integrated Research Limited (ASX: IRI) share price which has fallen by 11.2% in reaction to the company’s profit guidance for FY19.

At the top of the ASX 200 performance table is the share price of Bellamy’s Australia Ltd (ASX: BAL) which is up 3.75%.

Aside from AMP, the business at the bottom of the wrong end of the ASX 200 performance table is diversified financials business IOOF Holdings Limited (ASX: IFL), it’s down 3.7%.

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