Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 2.52% at lunch.
Most of the market is in the red today as the trade war continues to bite. One of the more painful declines belongs to Afterpay Touch Group Ltd (ASX: APT), which is down another 6%.
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The BWP Trust (ASX: BWP) share price is down 1.4% after the real estate investment trust (REIT) after reporting its FY19 result which showed a small increase of rental income and the distribution.
The share price of Pinnacle Investment Management Group Ltd (ASX: PNI) is up 5.2% after revealing its FY19 report to investors showing a large increase in profit.
Shares of Rural Funds Group (ASX: RFF) have gone into a trading halt after being accused of “siphoning assets into Rural Funds Management [the manager]”. The share price was halted down 42%.
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Disclosure: Jaz owns shares of Rural Funds at the time of writing, but this could change at any time.